Dollarama Imports Surge, Worries About Trade War’s Impact on Innovation — Panjiva
MENU

Panjiva_research_logo

Dollarama Imports Surge, Worries About Trade War’s Impact on Innovation

Canada 474 China 2916 Cons. Discr. - Retailing 423 Quote Watch 449 Tariffs 1771 U.S. 5242

Canadian retailer Dollarama sees the U.S.-China trade war “not so much a cost issue as a new item issue”, according to CEO Neil Rossy, as suppliers focus on realigning their supply chains rather than on innovation. Dollarama may be taking advantage of surplus capacity in China to supply its Canadian shops via the U.S. – seaborne shipments associated with the firm jump 85.1% year over year in July and August after a 59.7% surge in 2Q. Growth has been fastest in plastic products and furniture where tariffs have been applied since Sept. 2018. Yet, shipments of toys have also climbed by 23.6...

Copyright © 2022 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.