Great Canadian Dollar Store

Great Canadian Dollar Store storefront

Great Canadian Dollar Store (abbreviated "GCDS") is a privately owned Canadian franchise dollar store. The discount merchandiser was founded in 1993 by Bud and Vivian Walker, with the set-up of a head office in Victoria, British Columbia and opening of the first BC store in Kamloops.^[1] There are currently over 100 franchised stores spanning across Canada, including the Yukon, British Columbia, Alberta, Manitoba, Ontario, Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland. In 2015 Great Canadian Dollar Store was purchased by Kevin & Jane Kane of Quispamsis, NB.^[2]

History

Founded in 1993 by Bud & Vivian Walker, Great Canadian Dollar Store initially sold products with a retail price of $1.00. As the company grew and product lines expanded, the retail price moved between $1 to $3. Now with the greater access to product, Great Canadian Dollar Store has moved their retail prices to $1 to $20 for the majority of the product. With the purchase of Great Canadian Dollar Store by Kevin Kane,^[3] the emphasis is to grow the brand in smaller rural communities.

Awards and recognition

Individual franchise members and the company have gained awards and recognition throughout the years.

• Doreen Samways, responsible for five Newfoundland stores, was recognized by Trader’s Forum as 2010’s "Retailer of the Year".^[4]
• Kevin Kane, a franchise member with more than 25 stores across Atlantic Canada, had been recognized by Trader’s Forum as 2007’s "Retailer of the Year".^[5]
• In 2003 Great Canadian Dollar Store Ltd. made it on the list of Profit (magazine)’s annual Profit 100, which ranks companies based on five-year revenue growth.^[6]

References

External links

• Official website