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Dollarama to Introduce $5 Maximum Price

Source: Brett Bundale, The Canadian Press, June 9, 2022

The retailer reported higher sales and profit in the quarter ended May 1 as pandemic restrictions lifted and the hunt for bargains increased.

MONTREAL – Discount retailer Dollarama Inc. has started rolling out new price points up to $5 as it adds new products and restocks others amid a shift in consumer spending patterns.

The dollar store will now stock goods from under $1 to $5, the company said Wednesday as it reported quarterly earnings.

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