In response to the continuing economic slump, 100 yen shops have popped up everywhere in the last few years, but their popularity may soon be overshadowed by the emergence of 1,000 yen shops.
4H-Club, a trading house that deals with brand-name imports, came up with the idea of selling items that usually bear price tags of up to 10,000 yen at the uniform price of 1,000 yen.
The company's first "Miracle 1000" shop opened a year ago inside a shopping mall in Tokyo's Adachi Ward, followed by one in Chiba Port Town. It currently has seven outlets in the Kanto region, including a newly opened shop in Ageo, Saitama Prefecture.