Why a Canadian Giant Sees a Bright Future in This Australian Retail Chain

Canadian discount chain Dollarama has paid a pretty penny for The Reject Shop, with plans to open hundreds more stores across Australia.

A photo of a shopfront of The Reject Shop, which specialises in selling low-cost and discount products. The chain has hundreds of stores across Australia. Wade Zhong/The Epoch Times

As the economic order undergoes a major structural shift, Canadian investors have jumped on retail opportunities in down under.

Australia’s largest discount retailer, The Reject Shop, is a quiet achiever on the business front and is known locally for selling a range of cheap goods from confectionary, tupperware, to gardening tools.