Changes in place by early 2022, company says
It is known for its price of $1 for all products, but not anymore.
Bargain chain Dollar Tree is raising prices for the first time in three decades, and surprisingly, it’s not due to inflation.
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In early 2022, items will cost $1.25.
Dollar Tree says the price hike will give them more flexibility to bring back customer favorites and also introduce new items. The company also says the increase will contribute to transportation and distribution costs as well as wage increases.
Dollar Tree has been selling products for a dollar for 35 years.
It was the last of the major dollar store chains to sell everything for $1.
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