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

Posted on AllSides November 23rd, 2021
From The Left

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.

Dollar Tree (DLTR) said in a quarterly earnings release Tuesday that its decision to raise prices to $1.25 permanently, however, was "not a reaction to short-term or transitory market conditions."

Selling stuff strictly for $1 hampered Dollar Tree,...

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https://www.cnn.com/2021/11/23/investing/dollar-tree-prices-inflation/index.html

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