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‘I can spend it on other groceries’: Canadians turn to Dollarama amid rising costs
On a blustery, freezing Saturday afternoon, the parking lot at a Dollarama store in the east end of Scarborough, Toronto, was nearly full — bustling with people coming and going from the Canadian budget retailer. “The value, it’s all about the value,” said shopper Lina Ricci, who says she has started buying goods more frequently at Dollarama over the past year. “I think I saved at least $15 … it does go a long way. I can spend it on my other groceries, like my meats.” Dollarama released its earnings for the third quarter of the fiscal year this week, reporting a profit of $321.7 million — a 16.6-per ... (full story)