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The price cap on items at Dollar Tree stores will now be $7. In 2021, the company raised the base price of items from $1 to $1.25. The cap was also raised in June 2021 to $5 an item.
The days of dollar stores may soon be a thing of the past after the Dollar Tree announced it would raise the price cap in its stores again.
In a move that had many pundits running for the hills shouting about inflation, bargain retailer Dollar Tree announced this week that it would raise its baseline prices in all stores from $1 to $1.25.
Dollar Tree expects to have at least 5,000 Dollar Tree Plus stores by the end of 2024. These stores will offer products at three different price points — $1.25, $3 and $5.
If you thought Dollar Tree's move to raise prices from $1 to $1.25 was steep, get ready for even bigger price hikes in the coming year. Check Out: The Best $20 You Can Spend at Dollar Tree,...
Dollar Tree stores in the U.S., as of December 2020 [3]. Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores.Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. [2]
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Dollar Tree, which raised its base price to $1.25 three years ago, could be facing another price increase in 2025.. The discount retailer, which kept prices for many items at $1 for 30 years ...