As Canadians deal with rising inflation and higher prices for food, fuel, and home heating costs, discount chain Dollarama says demand has boomed for bargains and the dollar store giant plans to open more stores next year. The Montreal-based retailer reported its fourth-quarter growth on March 29, saying comparable store sales grew 15.9 percent and…
Dollarama Plans to Open up to 70 New Canadian Stores in 2024 as Sales Boom
Sylvain Charlebois: Canada Desperately Needs ‘Real’ Discount Grocery Stores
Commentary This may come as a surprise to some Canadians, but our country doesn’t really have a real discount grocery chain. With higher food prices and a growing number of consumers seeking refuge from record-setting food inflation at the grocery store, real discount grocery stores would come in very handy. But the option is simply…
Dollarama Posts Higher Sales, Profit as Shoppers Seek Cheaper Prices Amid Inflation
Discount retailer Dollarama Inc. is winning over new customers as Canadian shoppers “trade down” from more expensive stores and gravitate toward the dollar store’s cheaper prices amid inflation. The retail chain said Friday it’s attracting consumers from “all walks of life”—including higher income households—as the climbing cost of living takes a toll on budgets. “I…
Toxic Metals and ‘Forever Chemicals’ Found in Dollar Store Products in Canada
An analysis of some products sold at dollar stores like Dollar Tree and Dollarama in Canada has been found to contain toxic heavy metals as well as “forever chemicals,” referring to “per- and polyfluoroalkyl substances” (PFAs) that tend to stick around in the soil, atmosphere, and rainwater for a long time. The study, published by…
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