Price inflation has gotten so bad, even the dollar store is raising prices.
On Tuesday, Dollar Tree announced that it would hike prices on most of its products to $1.25, starting early next year.
However, the company says the price hike isn’t due to inflation, but about “more flexibility” to offer more products.
After 35 years of selling goods for a buck, Dollar Tree is boosting its standard price point to $1.25 by the end of April, the company said in a statement. https://t.co/cCSCihCAYh
— Ad Age (@adage) November 23, 2021
Should Dollar Tree change its name to reflect the new price point? What kind of items do you buy at the dollar store?
