Canada: number of Dollarama stores 2023, by province
The dollar store market in Canada
Dollar stores are retail outlets that offer a wide variety of relatively low-priced items, usually at a single-price point of one dollar. Dollarama was the leading discount store in Canada based on number of locations in 2021; the company had more than three times as many stores as second-placed Walmart. In 2022 Dollarama's revenues amounted to more than 4.3 billion Canadian dollars.
The global discounter market
Based on revenue, Walmart is the leading discount store company worldwide. Their revenue towers over their competitors, reaching approximately 611 billion U.S. dollars in 2022/23. Costco Wholesale was ranked in second place with a revenue of around 234 billion U.S. dollars in the same year.