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The current price of Dollar Tree's products may increase again because of President-elect Donald Trump’s tariff plans, Dollar Tree executives said.. Apart from increased prices, the discount ...
Despite the increase, Dreiling said the “vast majority” of Dollar Tree’s products will remain at the entry price of $1.25. Dollar Tree also announced the closure of 1,000 Family Dollar ...
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.
Dollar Tree began testing an increase in prices years ago.The shift initially began in 2015 when the company acquired rival Family Dollar, a chain that had already priced items over the dollar mark.
UBS analyst Michael Lasser expects Dollar Tree to raise its fixed $1.25 prices by 10 or 20 cents to mitigate the tariff impact, he said in a research report last month.
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.