Quote: Originally Posted by Mokkajava
Does the dollarama have some kinda hot sale where you are on boxing day??
And why is boxing day happy? I have never found it to be better than any other day for happiness.
No, that was my way of making fun of people who line up for Boxing Day. I don't think the dollar store would have much of a discount but you never know.
I actually went into one about a month ago to get some batteries. It was around 5 pm on a Saturday and the line ups to cash out was so long I turned around and walked out and will likely never enter one again........
Discount chain Dollarama ended its year on a high note, by all accounts, with profits and sales in the third quarter up from a year ago. (external - login to view)
“Dollarama is a force to be reckoned with,” said Winder, co-founder and partner at Retail Advisors Network.
As they continue to roll out new stores, Winder suggests Dollarama will see continued growth beyond the industry average in 2017. “They’re perfect for the Canadian consumer right now,” as middle- and lower-income class consumers search for savings on their basic-product needs, Winder said.
“It’s fun to shop there, things are cheaper, all most of your basics are there,” Winder said. “You can walk out of there with a lot of stuff for $20.”
But Winder said it may not all be good news for discount shoppers. He expects that, if the Canadian dollar continues to weaken, Dollarama will have to pay more for their products.
“They’re going to have to pass on those cost increases to consumers, so I wouldn’t be surprised if, over the next year or so, they sneak up to $5 or $4.50, ” Winder said.
Dollarama recently defended their decision to increase the price of chocolate bars, saying it could no longer absorb the higher cost of raw materials
Shopping in Canada: 2017 trends from discount to luxury, online to in-store | CTV News (external - login to view)