Competition from DollarTree, it's real. No?Competition from the #1 dollar discount type of outfit is also a huge concern but that will take several quarters if not years to have an impact? No?
As a consumer, I have a love/hate relationship with the stores. I like them because everything is cheap, cheap, cheap. I hate them because weeks after, if there are many things I really didn't need. And with Dollarama, unlike most retailers, I can't return anything. They see to want cash and the receipt is pretty much worthless?
Has this changed?
Dollarama to me is a perfect example of "consumerism"; accumulating things we don't really need to survive. On a recession, I can see many stores empty of customers and going dark?
I hate to be a bear but in this case, the fundamentals make no sense and I think we might have see a peak at $132 with now a rapid, rapid decline?
I really need to add a good short position to my portforlio. If you know of others, please let me know. They have to be at the start of the short selling cycle.