Tuesday, April 23, 2024
HomeEconomyDollar Tree Raises Prices Again Amid 1,000 Store Closures Nationwide

Dollar Tree Raises Prices Again Amid 1,000 Store Closures Nationwide

Dollar Tree is raising the prices of its products yet again as it closes over 1,000 stores, most of which are underperforming Family Dollar locations. They famously raised the $1.00 price point to $1.25 in 2021 amid an inflationary environment partially caused by the pandemic. There is also a maximum price point for items in the store, previously $5. The new price points are $1.50 for at least 300 new items in the store, up to a whopping $7 maximum.

SOURCES:

Why Dollar Tree is raising prices as high as $7 – YouTube

Dollar Tree Raises Max Price to $7: What Will Cost More? | Kiplinger

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