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DOLLARAMA COMPLETES ACQUISITION OF AUSTRALIAN DISCOUNT RETAILER THE REJECT SHOP
DOLLARAMA COMPLETES ACQUISITION OF AUSTRALIAN DISCOUNT RETAILER THE REJECT SHOP Canada ...
About this update from Dollarama Inc.
[{"type":"text","content":"\n\n\n\n DOLLARAMA COMPLETES ACQUISITION OF AUSTRALIAN DISCOUNT RETAILER THE REJECT SHOP\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n MONTREAL\n \n\n ,\n \n\n July 21, 2025\n \n\n /CNW/ - Dollarama Inc. (TSX: DOL) (\"Dollarama\" or the \"Corporation\") today announced the closing of its previously announced acquisition of The Reject Shop Limited (ASX: TRS) (\"The Reject Shop\") following receipt of the necessary shareholder, regulatory and court approvals.\n \n\n Headquartered in\n \n Melbourne\n \n , The Reject Shop is\n \n Australia's\n \n largest discount retailer with a well-located store network of more than 390 locations spanning every Australian state. This strategic acquisition marks Dollarama's entry into the Australian market, building on its proven track record as a leading Canadian value retailer with a growing presence in\n \n Latin America\n \n through Dollarcity.\n \n\n \"We are pleased to officially welcome the TRS team to Dollarama,\" said\n \n Neil Rossy\n \n , President and Chief Executive Officer of Dollarama. \"Expanding our international reach supports our long-term growth strategy, and we are thrilled to be embarking on this exciting new chapter with TRS's local leaders and more than 5,000 employees. By working together and applying Dollarama's strengths in sourcing, merchandising and retail operations, we are well positioned to deliver compelling value to Australian consumers and to drive the expansion of our new Australian growth platform over the long term.\"\n \n\n\n Forward-Looking Statements\n \n\n\n Certain statements in this press release about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking statements. The words \"may\", \"will\", \"would\", \"should\", \"could\", \"expects\", \"plans\", \"intends\", \"trends\", \"indications\", \"anticipates\", \"believes\", \"estimates\", \"predicts\", \"likely\" or \"potential\" or the negative or other variatio...