Posted on 09/29/2021 12:22:08 PM PDT by RandFan
CHESAPEAKE, Va. (AP) — Dollar Tree embedded in its very name what it stands for: Behind these doors, everything can be had for just $1.
The mantra to which the Chesapeake, Virginia, company has held true for decades will now be only mostly true.
After expanding nationwide from only a handful of stores in Georgia, Tennessee and Virginia, Dollar Tree is breaking the mold and will sell items in some locations that exceed the tantalizing $1 grab-n-go price.
The cost of clothes, cars, food and just about everything else has soared this year as the global economy emerges from a pandemic uppercut and Dollar Tree has not been untouched.
Last month the retail chain said that rising shipping costs would take a bite of $1.50 to $1.60 out of its per-share profits this year. That’s a huge hit for any business, perhaps more so for one founded decades ago steadfastly calling itself “Only $1.00 Inc.”
“For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for value at one dollar - and we remain committed to that core proposition - but many are telling us that they also want a broader product assortment when they come to shop,” said CEO Michael Witynski in a prepared statement.
(Excerpt) Read more at apnews.com ...
We have a Dollar Tree in our area. I went in once. Came out with absolutely nothing.
Hello Bidenomics, goodbye Dollar Store.
Beat me to it!
I’ll have to brush up on my research, as stated above.
We were in our local Cambodian-run donut shop the other day, and I told Little Flash A about the expression “betting dollars to donuts”, being so sure of yourself that you give the other guy heavy odds, by putting a whole dollar up against something dirt cheap.
I then told him “these days, take the donuts”. The small ones were $1.50 each.
In Canada they could call it the Toonie Tree, but that’d be the equivalent of a buck and a half of U.S. dollars.
I’ve looked thru their food aisles and I must say, if the SHTF badly enough and they survived, you could eat 3 meals a day for about $10. You’d be as unhealthy as hell but you’d eat.
Dollar-n-Change Store.....TM
That explains why I often see luxury cars jammed in the parking lot by Dollar General. With bored servants sitting on the driver's side , waiting.
I was wondering when joe biden’s dollar would be worth 10 cents. Looks like it is now.
donuts up in price.....
There was a science fiction time travel story in which the guy tried to tell the one in the good old days how bad our future became. Maybe 1980s.
“You know 2 cents plain? (club soda or seltzer at old delis and lunch places).
“Yeah?”
“It’s a dollar.” (when Perrier started taking off in popularity)
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I remember 25 cent bagels. Yesterday the local place had them for $1.26 .
i prefer someone stay with the car and keep the air conditioning going while i shop... 😎...
Out here the 99 cent store now means the price ends in 99. $1.99, $2.99, $4.99 etc...
They have shrunk their sizes and contents up to 50% I buy all sorts of cleaning supplies. Dish soaps and cleaning products are now half the size as they were. Many of the food products have vanished and those that are left are in bottles 1/2 the size as well. YAy Chomo Joe!!!
Since Abraham Lincoln is on both the penny and the five-dollar bill, I suggest we put the Biden on the penny. And then, stop making pennies.
I think most “dollar stores” these days have items priced at more than a dollar. Fake discounted news.”
Some have. Dollar Tree has always been just a dollar.
See???!!!! I was right!!!
Oh, you dog, you. That’s the good life.
Dollar Tree’s sunglasses and cheater reading glasses have been a good bargain to me. Need to go pick some more up.
No they don't - literally everything is $1.00. Even says on the wall in large lettering in every store "Everything's $1"
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