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Dollar Tree eyes locking up merchandise, discontinuing sales of some products
The Hill ^ | 08/25/2023 | JULIA SHAPERO

Posted on 08/25/2023 12:58:52 PM PDT by ChicagoConservative27

Dollar Tree is planning to lock up some of its merchandise and may discontinue the sale of certain products, as theft makes a dent in the company’s profit margins.

Richard Dreiling, Dollar Tree’s CEO, said on a call with analysts Thursday that the company is introducing new measures in the second half of the year to combat “shrink,” or the loss of inventory from theft and other causes.

“We are now taking a very defensive approach to shrink,” Dreiling said, noting that such inventory losses “advanced a little further than what we had anticipated.”

Dollar Tree and Family Dollar, both of which are owned by Dollar Tree Inc., will begin to move some items behind the checkout stand or lock up others, he said. However, in some cases, merchandise may simply be discontinued if stores are unable to keep it on the shelves, Dreiling added.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: anarchotyranny; bidenlegacy; blm; crime; defund; dollartree; dystopia; locking; merchandise; sales; theft
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To: ProtectOurFreedom

Very likely.


21 posted on 08/25/2023 1:26:32 PM PDT by Reverend Wright ( Everything touched by progressives, dies !)
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To: ProtectOurFreedom

Of all the dispositions and habits which lead to political prosperity,religion and morality are indispensable supports.
-Geo. Washington


22 posted on 08/25/2023 1:26:42 PM PDT by Walrus (I do not consent)
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To: b4me

Dollar Tree near me hasn’t locked up items near me either. Same with other stores (aside from the small high dollar items that have been locked in cases for many years).


23 posted on 08/25/2023 1:26:45 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: ProtectOurFreedom

6.95


24 posted on 08/25/2023 1:27:44 PM PDT by bankwalker (Repeal the 19th ...)
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To: j.havenfarm

To be fair to Dollar Tree, they had prices for $1 a lot longer than I expected. I’m surprised they took as long as they did to raise to $1.25.


25 posted on 08/25/2023 1:28:09 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: b4me

I was laid off about 10 years ago, and Dollar Tree became a lifesaver, for me.

Two things happened, at about the same time, after Bye-done was installed as pResident. Prices went up to $1.25, and sizes shrunk by 33%. Many of the items I bought there are now 100% higher priced, per unit, as they once were.

I don’t shop there on a monthly basis, anymore....


26 posted on 08/25/2023 1:32:13 PM PDT by jttpwalsh
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To: ChicagoConservative27

Due to inflation, Dollar Tree should change its name to Five Dollar Tree. /s


27 posted on 08/25/2023 1:35:12 PM PDT by DFG
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To: ChicagoConservative27

Odd that there was no mention of specific locations, or if the theft is being experienced nationwide.


28 posted on 08/25/2023 1:36:43 PM PDT by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: ChicagoConservative27

If you try and steal a $1.25 item near my Dollar Tree you have an excellent chance of getting shot by an armed citizen.


29 posted on 08/25/2023 1:38:12 PM PDT by chrisinoc
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To: ChicagoConservative27

What, people can’t help themselves to whatever they please anymore?


30 posted on 08/25/2023 1:44:46 PM PDT by yldstrk (Bingo! We have a winner!)
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To: ChicagoConservative27

What they gonna lock up, the purple drank?


31 posted on 08/25/2023 2:03:20 PM PDT by bigbob (Q)
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To: ProtectOurFreedom

Don’t paint with such a wide brush.

Not every “community” in America is having this problem.


32 posted on 08/25/2023 2:11:03 PM PDT by TheDon (Resist the usurpers! Remember the J6 political prisoners!)
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To: ChicagoConservative27

I stayed at the Bellagio in May and laughed myself silly that all the condoms in the CVS across the street were behind glass.

At least condoms in Vegas and not wanting to be seen next to the person you’re going to use them with makes sense.


33 posted on 08/25/2023 2:13:00 PM PDT by PittsburghAfterDark (There is no one more racist than a white liberal.)
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To: Will88

We don’t speak of the elephant in America’s living room.


34 posted on 08/25/2023 2:13:43 PM PDT by TheDon (Resist the usurpers! Remember the J6 political prisoners!)
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To: bigbob
What they gonna lock up, the purple drank?

I've also been wondering what Dollar Tree items are most popular among the thieves. A real head scratcher. Just a lot of relevant information left out of this article.

35 posted on 08/25/2023 2:28:22 PM PDT by Will88 ((The only people opposing voter ID are those benefiting from voter fraud.))
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To: ChicagoConservative27

“I’ll steal that for a dollar!”


36 posted on 08/25/2023 2:34:46 PM PDT by Extremely Extreme Extremist
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To: bigbob

Sheeeiit


37 posted on 08/25/2023 2:35:04 PM PDT by Extremely Extreme Extremist
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To: ChicagoConservative27

Their primary customer base these days, right?


38 posted on 08/25/2023 2:35:47 PM PDT by Salman (It's not a slippery slope if it was part of the program all along. )
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To: ProtectOurFreedom
It's one group of people that is doing probably 80% of the theft.
39 posted on 08/25/2023 2:40:37 PM PDT by Major Matt Mason (To solve the Democrat problem, the RINO problem must first be solved.)
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To: Signalman
As DJT has said, if the Dems win in 2024, we’re finished as a nation.

This.

40 posted on 08/25/2023 2:45:08 PM PDT by tomkat (SOTU = FUBAR)
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