Description: We are used to hitting Dollarama with a couple of bucks in our pocket to plop down at the cash register while we pick up some low-priced merchandise. It hardly seems to bring to mind images of e-commerce. But now the discount retailer is planning on selling merchandise in bulk via the web, at least on a trial basis. The move from bricks and mortar to the e-world should be an interesting one.
Date: March 29, 2018
1) What do you think of this decision by Dollarama to expand into e-commerce?
2) What might be some of the financial accounting changes that Dollarama would implement to track the success of this new e-commerce decision?
3) On page 304 of Wiley’s Financial Accounting: Tools for Business Decision Making, you can how the Dollarama transitioned from a manual to an electronic inventory system in 2012. What would have been some of the challenges it would have faced prior to switching to an electronic system?