Sales of Dollarama Canada 2013-2020

Dollarama, the value retailer headquartered in Montreal, had annual sales amounting to around 3.79 billion Canadian dollars in Canada during the fiscal year ending in February 2020. This is almost a two-fold increase over a seven-year period.

Dollarama origins

In 1992, the first Dollarama store was opened in Quebec by Larry Rossy. The concept was simple: all items were on sale for one dollar or less. The retail chain expanded throughout Canada in the coming years, and there were 1,225 Dollarama stores in Canada as of February 2019. Ontario had the highest number of stores per province, 503, and Prince Edward Island had just five. Along with an expanse in their number of stores, Dollarama’s in-store offerings have also diversified, with the introduction of new price points above one dollar throughout the years.

The competitive landscape

Dollarama reigns above all other discount or value retail chains in Canada when it comes to number of locations. As of July 2018, Walmart superstores and Winners came in distant second and third places with 334 and 269 stores nationwide respectively. Dollarama also comes out on top among dollar stores: Dollarama had almost 1,000 more stores than their closest competitor, Dollar Tree, within this specific industry sector.

Annual sales of Dollarama in Canada from 2013 to 2020

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Source

Release date

April 2020

Region

Canada

Survey time period

2013 to 2020

Special properties

Fiscal year ends closest to January 28

Supplementary notes

Figures prior to 2019 were taken from previous editions of the report.

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Statistics on "Dollar stores in Canada"

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