Dollarama
 | |
| Company type | Public (TSX: DOL) |
|---|---|
| Industry | Retail |
| Founded | 1992 |
| Headquarters | Montreal, Quebec, Canada |
| Products | Cleaning supplies, Toys, Candy, Grocery, Gifts, Healthcare products, Kitchenware, Stationery, Party Supplies, Hardware. |
| Revenue |  $1.420 billion CAD (2009)[1] |
| $116.8 million CAD | |
| Website | www.dollarama.com |
Dollarama is a dollar store chain. The chain was created by Larry Rossy in 1992.[2] The first Dollarama was opened at the shopping centre "Les promenades du St-Laurent" in Matane, Quebec in April, 1992.[3] The discount retailer grew to 44 stores.[4]
Many items are priced at $1.00 or less. In early 2009, Dollarama began to introduce items priced up to $2.00 (including $1.25 and $1.50 price points).Dollarama has always had a No Return and No Exchange Policy.
In November 2004, 80 percent of Dollarama was sold to a private equity fund, Bain Capital, of Boston, Massachusetts for $850 million US.[5]
References[change | change source]
- ↑ "Fourth Quarter Earnings Release" (PDF). Dollarama Inc. Archived from the original (PDF) on 2013-05-18. Retrieved 2014-03-10.
- ↑ "About Us". Dollarama. Retrieved 2014-03-10.
- ↑ "Our History". Dollarama. Archived from the original on 2011-06-29. Retrieved 2014-03-10.
- ↑ "About Us".
- ↑ "Dollarama undergoes major transformation". National Post. Archived from the original on 2006-06-16. Retrieved 2014-03-10.
