Dollarama Plans to Open up to 70 New Canadian Stores in 2024 as Sales Boom

Dollarama Plans to Open up to 70 New Canadian Stores in 2024 as Sales Boom
People walk into a Dollarama store in Toronto, September 25, 2021. The Canadian Press/Graeme Roy
Marnie Cathcart
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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 fiscal year 2023 growth was up 12 percent. A news release from the company said the discount giant met expectations on all key metrics.