Dollarama L.P. is a Canadian value retailer that was founded in 1992 by third-generation retailer and Canadian entrepreneur, Larry Rossy. Over the past two decades, the company has expanded significantly and now operates well over 1,300 locations across Canada. The leadership of Dollarama has transitioned to fourth-generation retailer Neil Rossy, who is also a member of the founding management team.
Dollarama's mission is to offer customers a consistent shopping experience and compelling value. Their product range includes general merchandise, consumables, and seasonal items, all available at low, fixed price points. The company's stores are corporately-owned and operated, and they are strategically located in metropolitan areas, mid-sized cities, and small towns.
The most recent significant development for Dollarama is a post-IPO debt investment of $500.00 million at 22 September 2023, indicating continued investor interest in the company's growth prospects.
In terms of industries, Dollarama operates in the areas of Consumer Goods, Financial Services, and Retail, underscoring its diverse business interests within the Canadian market. The company's headquarters is located in Canada.