Private Labels and Inbound tourists Spending to Boost Margins for Pan Pacific International
Pan Pacific International Holdings established its footprint in Japan through Don Quijote, its chain of discount retail stores, that attract foot traffic through the abundance of closeout products and constantly changing assortment of products. Discount store buyers have more flexibility in procurement, versus general merchandise stores, and their decision-making power to source the most suitable products for local communities where stores are located, enhances the firm's market position.