dollarama toronto

Dollarama is expanding with 700 new stores across Canada in the next decade

There's about to be a Dollarama on every block: Canada's largest dollar store chain has announced plans to open hundreds more locations country-wide.

As of January 31, Dollarama reported operating just over 1,300 stores in Canada. The brand says it plans to expand that number to 2,000 by 2031. 

Lockdown and the onset of the pandemic have proven beneficial for the brand. Dollarama's fiscal report shows that that sales grew by 6.3 per cent, increasing by just over $4,026,ooo million in the last year. 

Though the company reported having to spend $84 million on measures related to COVID-19, it still managed to open 65 new stores. 

Dollarama has its origins in a Montreal all-dollar store, founded in 1910 by Salim Rassy, a Lebanese immigrant who later changed his name to Rossy. 

Over the decades the Rossy family has expanded the discount retailer, taking over many former locations of yet-to-be revived BiWay, and growing its price point from $1 to eventually including $4 items in 2016. It launched its long-awaited online store in 2019.

Toronto has well over 100 Dollarama stores, located in malls or as standalone stores, which have seen some of the bigger lineups during the pandemic. 

Lead photo by

Hector Vasquez


Latest Videos



Join the conversation Load comments

Latest in Fashion & Style

Toronto Blue Jays redesign controversial Fourth of July hats after outcry

The top 10 stores for indoor plants in Toronto

Shockingly ugly U.S. flag-inspired Toronto Blue Jays hat has fans confused and angry

Iconic Canadian retail brand that was big in the '90s is now up for sale

Value Village opening second boutique in space that used to be home to iconic Toronto bar

Value Village is opening a trendy boutique in Toronto and people can't believe it

Pants made by young Toronto designer sold out so quickly a store hired him on the spot

Here's where to get a custom neon sign in Canada