Content about Dollarama

April 14, 2014

Dollarama has appointed Johanne Choinière as chief operating officer, effective May 12. Choinière will be responsible for overseeing retail store operations as well as logistics, distribution and supply chain management.

January 17, 2014

Adverse weather conditions as well as power outages in some of Dollarama’s core markets throughout December 2013 resulted in a significant reduction in store traffic and the temporary closure of approximately 80 stores, for periods ranging from a few hours to two consecutive days. The majority of the impacted days occurred during the two weekends leading up to Dec. 25.

January 2, 2014

Private equity firm Bain Capital concluded 2013 with the acquisition of Bob’s Discount Furniture, an operator of 47 stores in the Northeast that is intent on expansion.

December 5, 2013

Canadian dollar-store operator Dollarama reported an increase in sales and an improvement in net earnings for the third quarter ended Nov. 3. The quarter was characterized by continued growth in the store network and solid comparable store sales growth.

September 11, 2013

Dollarama has opened 93 net new stores in the past 12 months, including 22 during the second quarter ended Aug. 4, for a total of 828. This accelerated growth helped drive sales for the quarter, which increased 16% to $511.3 million from $441.0 million in the prior-year quarter.

August 12, 2013

Stéphane Gonthier, chief operating officer at Dollarama since September 2007, will be leaving the company to become president and CEO of 99 Cents Only Stores, as well as a member of its board.

August 12, 2013

Stéphane Gonthier, chief operating officer at Dollarama since September 2007, will be leaving the company to become president and CEO of 99 Cents Only Stores, as well as a member of its board.

October 12, 2012

Canadian dollar-store chain, Dollarama, has named Richard Roy as an independent director of the corporation.

June 15, 2012

Dollar General and Family Dollar aren’t the only discount retailers Walmart has to worry about. North of the border the Dollarama chain is growing nearly as fast.

June 14, 2012

With Target set to open its first stores in Canada in less than a year, one source of competition will come from the rapidly growing Dollarama chain.

April 11, 2012

Dollar stores in the United States have seen much success in recent years (check out Retailing Today's report on Dollar General here) and they appear to be doing just as well north of the border.

April 7, 2011

U.S. discount-store operators should keep an eye on their Northern neighbors, as Canadian dollar stores continue to thrive.

April 7, 2011

U.S. discount-store operators should keep an eye on their Northern neighbors, as Canadian dollar stores continue to thrive.

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