Dollarama’s Latin American partner key to future international expansion strategy

TORONTO — Dollarama’s decision to expand in Latin America will depend on the success of its burgeoning supply agreement in Colombia, according to analysts.

Four years ago, the Montreal-based dollar store giant struck an agreement with Central American chain Dollar City to supply it with merchandise, advise it on business matters and lend product assortment expertise.

That agreement gives Dollarama the option to buy a majority stake in Dollar City in February 2020.

In 2013, Dollar City...

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