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Dollar Tree breaks the $1 barrier as costs take a bite
AP ^ | Sep 29 | AP

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 ...


TOPICS: Business/Economy; Miscellaneous; News/Current Events
KEYWORDS: dollartree; inflation; yourmoney
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To: Republican Wildcat

Admittedly, the last time I was in Dollar Tree was some time ago. I tried to go to their “find a store” thing online and the page froze, and I’m much too lazy to sit and wait.


41 posted on 09/29/2021 4:29:58 PM PDT by Scarlett156 (I'm putting a confusing message here to strike fear into the hearts of my enemies. Take that! Ha! )
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To: Persevero

I don’t shop at Trader Joe’s, but someone told me that their “Two-Buck Chuck” wine is now “Three-Buck Chuck”.


42 posted on 09/29/2021 4:46:56 PM PDT by Inspectorette
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To: Inspectorette

That’s funny. Two Buck Chuck is “Charles Shaw” which we used to pronounce with a French accent “sharlsha”. It was two bucks back in the day when there was a wine glut - too productive a wine season. CS bought up all the excess inventory of grapes and excess capacity at wineries.

Back then I had a fairly large but tight group of friends/couples and every weekend we’d have extravagant dinner parties - each weekend we’d rotate houses. Emphasis on both the dinner and the party. People would come in with cases of the stuff. And we drank it all. Once we had a taste test and covered the bottles with foil to see if people could notice any difference between the $2 wine and the $20 wine etc. Most people actually preferred the sharlsha!


43 posted on 09/29/2021 5:01:48 PM PDT by monkeyshine (live and let live is dead)
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To: RandFan
Getting way too expensive for me.

I'm never going back.

44 posted on 09/29/2021 5:04:41 PM PDT by SamAdams76 (I am 285 days away from outliving Andrew Gold)
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To: noexcuses

My sister and I shopping at Dollar Tree We always say any day at Dollar Tree is a good day!!


45 posted on 09/29/2021 5:15:08 PM PDT by smalltownslick (a)
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To: Fiji Hill
Not too long ago, the burger chain Carl’s Jr. offered what it dubbed the Six-Dollar Burger—a burger that cost about $2:50 but was supposedly the equivalent of a six-dollar burger at a fancy restaurant. Now, with the price of the Six-Dollar Burger shooting way past six dollars, it has been renamed the Thick Burger.

That actually might be more due to the fact that Carl's Jr. and Hardee's are the same. What's the difference between Hardee's and Carl's Jr

46 posted on 09/30/2021 8:39:32 AM PDT by cidrasm
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To: cidrasm

Forgot to mention that Hardee’s has had the “Thick Burger” for quite a long time. Note, you’ll generally find Carl’s Jr in the west and Hardee’s in the east, so you might not have been to a Hardee’s.


47 posted on 09/30/2021 8:41:36 AM PDT by cidrasm
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To: cidrasm

Carl’s Jr. eateries featured an American flag decal on the door back when they were owned by Carl Karcher, but these have long since vanished. In Anaheim, about six miles south of my home there is a street called Carl Karcher Way.


48 posted on 09/30/2021 1:13:44 PM PDT by Fiji Hill
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To: Scarlett156

“I’ll have to do some research. *counts change and single bills in wallet* I can buy...three things!”

LOL! First chuckle of the day...


49 posted on 10/01/2021 6:41:58 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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To: RandFan

We have a Dollar Tree in the next town over that went up a few years ago. Things I normally buy there:

Greeting Cards
Cleaning Supplies
Books (you have to scrounge, but you can find some good stuff!)
Pretzels
Gift Wrap & Bags
Cheap shampoo and soaps

That’s about it. I avoid the China stuff, of course.


50 posted on 10/01/2021 6:44:34 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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To: All

Here’s an other store that’s cropped up in the past years. Looks like it’s for the ‘wealthier’ among us, though. ;)

https://locations.fivebelow.com/


51 posted on 10/01/2021 6:46:48 AM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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