Canada's Dollarama Inc on Thursday reported lower-than-expected quarterly results, as the discount chain operator could not raise prices in the face of stiff competition from retailers such as Dollar Tree Inc, sending its shares down as much as 17 percent.
Dec 6 Canadian discount store chain Dollarama
Inc on Thursday reported lower-than-expected quarterly
profit and revenue, as it faces stiff competition from
U.S.-based Dollar Tree Inc, which has been aggressively
expanding in the country.