Dollar Tree completes acquisition of Canadian Dollar Giant Stores

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Dollar Tree Inc. has completed its purchase of 86 Dollar Giant stores in Canada, marking its first expansion outside the U.S.

Chesapeake-based Dollar Tree purchased the stores for $52 million. Dollar Giant offers merchandise for $1.25 Canadian dollars or less. Dollar Tree’s U.S. sells its goods for $1 or less.

The Canadian stores are located in British Columbia, Ontario, Alberta and Saskatchewan.

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