Dollar Tree Buying Into Canada

CHESAPEAKE, Va. Dollar Tree is going international. The discount chain here last week agreed to acquire Dollar Giant, a Vancouver, British Columbia-based chain operating 85 small discount stores in Canada, for around $52 million (U.S.) in cash. The acquisition represents Dollar Tree's first international expansion. Dollar Giant had sales of around $3 million in 2009. It operates stores offering consumables,

CHESAPEAKE, Va. — Dollar Tree is going international.

The discount chain here last week agreed to acquire Dollar Giant, a Vancouver, British Columbia-based chain operating 85 small discount stores in Canada, for around $52 million (U.S.) in cash. The acquisition represents Dollar Tree's first international expansion.

Dollar Giant had sales of around $3 million in 2009. It operates stores offering consumables, seasonal items and home goods at prices of $1.25 (Canadian) o

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