PesoRama Announces Grand Opening of Stores #44, #45, and #46
Rhea-AI Summary
PesoRama (OTCQB: PSSOF, TSXV: PESO) announced the upcoming August 2026 openings of three JOi Dollar Plus stores in Mexico: Store #44 (3,767 sq. ft.) in Parque Vía Vallejo, Mexico City; Store #45 (4,435 sq. ft.) in Centro Tepozán, Los Reyes La Paz; and Store #46 (4,639 sq. ft.) in Cruz del Sur, Puebla City.
According to the company, these locations are positioned in high-density, high-traffic commercial corridors and shopping centers, and will increase the network from 42 to 46 stores, including four stores in the state of Puebla.
Positive
- Store network expanding from 42 to 46 locations with August 2026 openings
- Three new stores located in established, high-traffic shopping destinations
- Footprint in Puebla grows to four stores with Cruz del Sur opening
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - August 6, 2026) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus brand, announces the upcoming opening of three new stores in August.
Store #44 - Parque Vía Vallejo
Store #44 a 3,767 square feet retail store located within Parque Vía Vallejo in Mexico City. Strategically positioned in one of the city's premier mixed-use shopping destinations, the store will strengthen the brand's presence in a high-traffic commercial environment featuring approximately 150 retail stores, restaurants, entertainment venues, and services. Estimated opening: August 2026.
Store #45 - Centro Tepozán
Store #45 a 4,435 square feet retail store located within Centro Tepozán in Los Reyes La Paz, State of Mexico. Strategically positioned in one of the main commercial corridors in eastern Greater Mexico City, the store will serve a densely populated trade area and benefit from more than 30 linear meters of storefront frontage, providing exceptional visibility and customer accessibility. Estimated opening: August 2026.
Store #46 - Cruz del Sur
Store #46 a 4,639 square feet retail store located within Cruz del Sur in Puebla City, expanding JOi Dollar Plus' presence to four stores in the state. The store is strategically located within a major commercial corridor and forms part of a shopping center with more than 70 retail stores, providing strong visibility and consistent customer traffic. Estimated opening: August 2026.
"The opening of stores 44, 45, and 46, mark an important step in our expansion and further increase accessibility for Mexican consumers who want to shop at our stores," said Rahim Bhaloo, Founder, CEO & Chairman of PesoRama. "We have identified a robust pipeline of high density traffic areas where there is an opportunity to open additional stores to drive continued growth and success."
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About PesoRama Inc.
PesoRama, operating under the JOi Dollar Plus brand, is a Mexican value dollar store retailer. PesoRama launched operations in 2019 in Mexico City and the surrounding areas targeting high density, high traffic locations. PesoRama's 42 stores (soon to be 46) offer consistent merchandise offerings which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more. For more information visit: http://pesorama.ca.
For further information please contact:
Rahim Bhaloo
Founder, CEO & Chairman
rahim@rahimbhaloo.com
416-816-3291
Cautionary Note
This press release contains "forward-looking information" within the meaning of applicable securities laws, including, among other things, statements regarding the Company's planned expansion, new store openings and expected future developments and other factors that have been considered appropriate. While the Company believes that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements, including due to changes in consumer behaviour, general economic factors, the ability of the Company to execute its strategies, the availability of capital and the risk factors which are discussed in greater detail in the "Risk Factors" section of the Company's prospectus dated January 31, 2022 and filed under the Company's profile on www.sedarplus.ca. The statements in this press release are made as of the date of this release. PesoRama undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of PesoRama, its securities, or its financial or operating results (as applicable).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/308369