- Business
- PesoRama Inc. (TSXV: PESO) operates as a Canadian retailer specializing in value-priced everyday essentials, including snacks, beverages, household goods, personal care items, and seasonal products. The company offers these products through a network of discount stores targeting budget-conscious consumers in underserved urban and rural communities across Canada. Founded in 2023 and headquartered in Montreal, Quebec, PesoRama focuses on high-volume, low-margin sales in the discount retail segment, with operations primarily in Quebec and Ontario. Its core offerings encompass branded and private-label food items such as candies, chips, and soft drinks; non-food categories like cleaning supplies, toiletries, and over-the-counter health products; and impulse buys including toys and novelty goods. In late 2024, PesoRama completed a strategic acquisition of five underperforming discount store locations in eastern Quebec, expanding its footprint by 20% and enhancing supply chain efficiencies through integrated distribution. The company also announced a C$5 million funding round in early 2025 from institutional investors to support new store openings in Atlantic Canada and digital ordering services, marking a shift toward omnichannel retail while maintaining its core physical store model. No recent name changes or major reorganizations have been reported.