Dollarama Inc.’s food aisles may have expanded far beyond sweet treats or piles of gum by the checkout counter in recent years, but its chief executive maintains his company is “not in the grocery business,” even if it’s keeping an eye on the sector.
“It’s just one small part of our store,” Neil Rossy told analysts on a Wednesday call, where he was questioned about the company’s food merchandise and rivals playing in the same space. “We will keep an eye on all retailers — like all retailers keep an eye on us — to make sure that we’re competitive and we understand what’s out there.”
Over the past decade and as consumers have more recently sought deals, Dollarama’s food merchandise has expanded to include bread and pantry staples like cereal, rice and pasta sold at prices on par or below supermarkets.
この記事は Toronto Star の September 12, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Toronto Star の September 12, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Microsoft, Vodafone sign Office AI deal
Telecommunications firm purchasing 68,000 licences for corporate versions of Copilot assistant to boost productivity
Expanded pipeline opens new markets
Reliance on U.S. has been reduced
Tupperware Brands plans to enter court protection
Tupperware Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.
Experts wary of Ottawa's back-to-work circumvention
Some fear use of Section 107 of labour code could remove incentive for employers to reach a deal
Companies dropping ball on payments
Report finds overall debt held by businesses up 12.8% to hit $33.8 billion
Watchdog probes cost of stocking stores early
Critics say provincial tab could be 3 or 4 times Ford's estimated $225M
Dhaliwal realizing his dream at home
Canada opens 90-over event with victory over Nepal
Down year better after a banner
The Blue Jays and Rangers are set for another mid-September matchup, the second in as many seasons, but this series won't have quite the same intensity as the last.
Clark playoff bound, but who will she play?
Six seedings still to be determined with post-season less than a week away
Blueliner remembers Salming and eyes second ring
Ekman-Larsson arrives with a sense of history, purpose