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Dollarama to purchase Australia's largest discount store chain

Montreal-based retailer makes cash bid to buy The Reject Shop
Dollarama, whose headquarters on Royalmount Avenue in Montreal is seen here, has plans to expand to Australia. (Olivier Gariépy/CoStar)
Dollarama, whose headquarters on Royalmount Avenue in Montreal is seen here, has plans to expand to Australia. (Olivier Gariépy/CoStar)

Dollarama aims to go Down Under, as the Canadian retailer struck an agreement to purchase The Reject Shop, Australia’s largest discount retail chain with 390 retail outlets.

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