Description: Amidst shrinking margins for most Canadian retailers and grocers, Dollarama has surpassed expectations with with swelling margins and strong profits.
Source: Business News Network
Date: April 11, 2012
Video Link: http://www.bnn.ca/News/2012/4/11/Dollarama-a-bright-spot-in-struggling-retail-sector.aspx
Questions for Discussion:
- What do you feel are the reasons for Dollarama’s success?
- Does the success of Dollarama indicates that Canadian consumers are constrained for cash?
- What lessons can other retailers adopt from Dollarama?
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