Posted on 11/23/2021 10:57:59 AM PST by 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.
(Excerpt) Read more at cnn.com ...
The looters will strike. They can now only steal 80% of what they could before.
To me, as a 6-7 year old, a Nickle or a Dime was an immense treasure! I was absolutely ecstatic when one day I found a DOLLAR BILL in a ditch!...............
Biden said there would be no tax increase on the poor. I guess he forgot the Destructive Economic Policy Tax that caused this inflation.
Buckandahalf Tree will move right in soon.
Our allowance growing up (in the 70’s) was $0.35 a week. Even in the 70’s that wasn’t much (we were pretty poor) but it was a looked-forward-to treat.
Just list items as 1.00 with a BIDEN tax.
If the media was even only 60% biased Trump would have won.
They spent 4 years trashing him with lies, innuendo, and failure to report his successes. The coverage of him was almost 100% negative. This negative coverage was reinforced and promulgated by academia, hollywood, and big tech.
The sheeple followed. Even then, I still think Trump won the election, but there is little doubt that tens of millions bought into the media lies and narrative.
heck, just make it Ten Dollar Tree. It is all just funny money anyway.
Expecting more and more price hikes in just about everything as the DNC plan is to impoverish Americans into complete dependency (and thus, their Fourth Reich dictatorship will be complete)
Let’s go, Brandon!
Being stupid and gullible is not an excuse.
The items were already overpriced at $1.00!
Remember when a Hershey bar
Cost A Nickle???
.
Hat Tip,,,Seinfeld.
Call it the “Biden” fee.
And Woolworth’s main street store gone now you get to buy things sight unseen at 10% higher price and hello Amazon.
Dollar and a quarter Tree. 😐
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