Dollarama Sales Surge 22% as Shoppers Flock to Lower-Cost Household Staples

Dollarama Sales Surge 22% as Shoppers Flock to Lower-Cost Household Staples
People walk into a Dollarama store in Toronto on Sept. 25, 2021. The Canadian Press/Graeme Roy
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Dollarama sales hit nearly $2 billion in its latest quarter amid the rising cost of living, as consumer purchases of household goods like groceries and toiletries helped increase sales by 22.2 percent.
The Canadian discount retailer reported $1.9 billion for the third quarter ending on Nov. 2, in contrast to $1.5 billion for the same timeframe last year, according to Dollarama’s financial results for the third quarter announced on Dec. 1.