Dollar Tree hikes prices 25%. Most items will cost $1.25

cnn ^ | By Nathaniel Meyersohn,

[BenLurkin]

The company — one of America's last remaining true dollar stores — said Tuesday it will raise prices from $1 to $1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the pressures low-cost retailers face holding down prices during a period of rising inflation.

Selling stuff strictly for $1 hampered Dollar Tree, the company said, and forced it stop selling some "customer favorites." Raising prices will give Dollar Tree more flexibility to reintroduce those items, expand its selection and bring new products and sizes to its stores.

Dollar Tree also said that hiking prices will help the company increase its profit margins by "mitigating historically high merchandise cost increases," including freight and distribution costs, as well as wage increases.

[SeekAndFind]

More-Than-a-Dollar Tree !

[plain talk]

[woodbutcher1963]

They are now changing their name to Adollartwentyfive Tree

[Red Badger]

I remember the “Five and Dime” stores..................

[fieldmarshaldj]

It’ll be Tree Fiddy before long.

[max americana]

There’s a chain here in California called 99C Store. MOST are 99.99 “cents” and 30% of the stuff is above a dollar.

[fieldmarshaldj]

When our dimes had silver in them.

[Red Badger]

I could by a 12 ounce bottled soft drink and a bag of chips or peanuts for a quarter.....................

[EEGator]

That’s around $4-6 now.

[Veto!]

The one in my hood has awesome rug spotting spray and laundry spot spray. In fact it’s called “Awesome.”

But should send Biden my laundry and make him do it.

[who_would_fardels_bear]

The dollar store I recently shopped at had all prices hiked to $1.51!

[Glenmore]

One fiddy Tree!

[ChronicMA]

Dollar Tree - still just one dollar (we only accept Brandon dollars now, not US Dollars, exchange rates subject to change)

[Howie66]

Thanks to those idiots and morons who thought that Beijing Biden would be some sort of “improvement” over President Donald J. Trump.

Thanks a lot, assholes!!

[Singermom]

Why pay at all? Just go in and take what you want. No one can stop you. Or is that only for 1 color?

[glorgau]

This is “transitory”.

[tennmountainman]

Thx Biden

[fwdude]

Dollar.25 Tree.

[fwdude]

I remember the “Five and Dime” stores.

Yes, indeed. A kid's paradise.