Dollarama Could Use Australian Foothold for Expansion in Asia -- Market Talk

Dow Jones

2025/03/27

1131 ET - Dollarama's acquisition of the Reject Shop could be a stepping stone to a greater push into Asia. Scotiabank's John Zamparo says the company still has about three-to-four years before fully integrating supply chains and distribution networks in Australia, but after it optimizes the business there it could look to Asia for further expansion. "One intriguing long-term angle to this deal is the potential for eventually using the Australian business as a platform to operate in parts of Asia," he says. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

March 27, 2025 11:31 ET (15:31 GMT)

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