Dollarama Inc.

https://www.dollarama.com

Dollarama Inc. is a leading Canadian value retailer, established in 1992 by Larry Rossy. Headquartered in Mount Royal (Montreal), Quebec, the company's core mission is to provide customers with a consistent shopping experience and compelling value through a broad assortment of general merchandise, consumables, and seasonal items. It aims to be the leading value retailer in every market it operates, offering unsurpassed value for customers' money.

The company offers a wide range of products at low, fixed price points, which have evolved from $1.00 or less to currently up to $5.00. Its product categories include household essentials, dry food, stationery, cleaning supplies, toys, candy, gifts, healthcare products, kitchenware, party supplies, and hardware. Dollarama's business model focuses on direct-to-consumer sales through corporately-owned stores, targeting value-conscious consumers across all demographics and income ranges.

Neil Rossy, the fourth-generation retailer, has served as President and CEO since May 2016 and was named CEO of the Year for 2024 by The Report on Business magazine. Dollarama is Canada's largest retailer of items for five dollars or less, with a recognized international presence. The company's strategic initiatives include continued store growth in Canada, with a target of 2,000 stores by 2031, and international expansion through its majority interest in Dollarcity in Latin America and the recent acquisition of The Reject Shop in Australia. Recent financial reports indicate strong sales growth and increased guidance, reflecting its resilient business model in the discount retail sector.

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CID: 9527