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Draft:PesoRama

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Pesorama Inc.
Company typePublic[1]
TSXPESO
IndustryRetail
Founded2019; 5 years ago (2019)[2]
FounderRahim Bhaloo
HeadquartersToronto, Ontario
Number of locations
23[3] (2024)
Key people
Rahim Bhaloo, Founder & Executive Chairman[4]
Rodrigo Castañón, COO[5]
ProductsCleaning supplies, household, toys, candy, gifts, healthcare products, kitchenware, stationery, party supplies, hardware
RevenueIncrease $20.52 million CAD (2024)[6]
Number of employees
Around 250 (2024)
Websitewww.pesorama.ca

Pesorama Inc. is a Mexican-based dollar store retail chain headquartered in Toronto, Ontario.[7] Since 2019, it has operated in Mexico under the name "JOi Dollar Plus".[8] PesoRama operates 23 JOi Dollar Plus stores and is currently active in Mexico City.[9]

History

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Founded by Rahim Bhaloo, the dollar store retailer grew to 23 JOi Dollar Plus stores in Mexico by 2023. In 2023, the company secured a US$20 million credit line to expand the store count.[10] [11]

See also

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References

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  1. ^ PesoRama Inc. Virtually Opens the Market, February 25, 2022, TMX Group
  2. ^ El Sol de México - Corporate Moment | JOi Dollar Plus, a dynamic commercial proposal
  3. ^ "PesoRama Announces Grand Opening of Store #23 on December 1st in Iztapalapa". Pesorama Inc. 30 Nov 2023.
  4. ^ "Leadership - PesoRama".
  5. ^ "PesoRama Announces Appointment of New Chief Operating Officer".
  6. ^ "PesoRama Reports 2024 Financial Results". Pesorama Inc. 22 May 2024.
  7. ^ This Toronto-based company wants to turn Mexico's dollar store industry upside down
  8. ^ JOi Stores
  9. ^ JOi Dollar Plus - Locations
  10. ^ Mexican dollar store gets cross-border loan
  11. ^ PesoRama Inc., in connection with a $20 million credit facility from Third Eye Capital Corporation
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