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Thursday, September 19, 2024
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Say what? Dollar Tree announced that it will now start selling products priced over $1 in stores

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#Roommates, whether you have enough coins or not, you can get the temptation of endless items Dollar tree The price of one dollar is almost too good to be missed-but according to the company’s recent announcement, things are about to change. Dollar Tree has just confirmed that it will now start selling products priced higher than the usual $1 in stores, and customers have expressed their dissatisfaction.

@APNews report, after previous test Higher price Through its “Dollar Tree Plus” section in specific stores, Dollar Tree will now begin selling products with a price tag higher than the standard $1 price tag in stores across the country. The higher-priced dollar tree commodities are now priced between US$1.25 and US$1.50. If you are wondering why a formula that has apparently worked well for decades has been suddenly changed, industry experts will point to the devastating financial impact of the COVD-19 pandemic—the prices of food, clothing, cars, etc. have all risen as a result. , Soaring in the past year and a half.

Dollar Tree CEO Michael Witynski talked about changes in store prices and hopes to provide customers with a wider range of shopping options. “For decades, our customers have been enjoying the’pleasure’ of finding value at a price of one dollar-we are still committed to this core proposition-but many people tell us that when they come here, they still want Want a broader product assortment. Store,” he said.

Witynski also added that the company remains committed to providing premium prices that customers love and rely on. “We will continue to vigorously protect this commitment, regardless of the price, whether it is $1.00, $1.25 or $1.50.”

Dollar Tree is far from the only discount retail chain that has increased prices in recent years, because competitors such as Dollar General and Family Dollar have also taken similar measures to increase commodity prices.

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