Dollarama
From Wikipedia, the free encyclopedia
| Dollarama | |
|---|---|
 |
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| Type | Dollar store |
| Founded | 1992 |
| Headquarters |  Montreal, Quebec, Canada |
| Industry | Retail |
| Products | cleaning supplies, toys, candy, grocery, gifts, healthcare products, kitchenware, School supplies, Stationary, Party Supplies, Hardware. |
| Website | www.dollarama.com |
Dollarama is a chain of over 500 dollar stores across Canada. The company is headquartered in Montreal and is Canada's largest operator of "only at a dollar" stores. Many of its stores are located in the province of Quebec where the chain first began. Dollarama now has stores in every province of Canada, with Ontario having the most stores.
All items are $1 (or less).[1] Notable exceptions to this policy include chocolate bars, which are currently sold for $0.65 per unit, and gum for 2 or 3 for a $1 depending on the type. Some Dollarama stores now accept Interac.
Lawrence Rossy was the head of the parent company of Dollarama, S. Rossy Inc., which used to operate a Rossy discount department store chain. He founded the privately held chain in 1992 and created a profitable business that became very successful.[1] In November 2004, the chain was sold for $850 million USD, to a private equity fund, Bain Capital, of Boston, Massachusetts.[1]
[edit] See also
[edit] References
- ^ a b c Dollarama undergoes major transformation. National Post (June 1, 2006).
