Dollarama is a dollar store chain. The chain was created by Larry Rossy in 1992. The first Dollarama was opened at the shopping centre "Les promenades du St-Laurent" in Matane, Quebec in April, 1992. The discount retailer grew to 44 stores.
Many items are priced at $1.00 or less. In early 2009, Dollarama began to introduce items priced up to $2.00 (including $1.25 and $1.50 price points).Dollarama has always had a No Return and No Exchange Policy.
In November 2004, 80 percent of Dollarama was sold to a private equity fund, Bain Capital, of Boston, Massachusetts for $850 million US.