Dollar Tree is taking losses in some areas due to a spike in theft and a decline in profits. Like many retailers, the discount store chain is considering “defensive merchandising” or restricting access to certain products. Many major store chains have blamed a massive surge in theft as a growing challenge, as left-wing prosecutors restrict…
Dollar Tree Faces Profit Decline as Theft Surges, Considers Defensive Measures
Shoppers Buying Groceries at Dollar Stores as Food Inflation Persists
New data show that more consumers have been turning to dollar stores for groceries, with supermarket prices still up more than 10 percent this year. Coresight Research found in a January 2023 report that 20 percent of U.S. shoppers visit dollar stores for their grocery items. “If [Dollar Tree and Dollar General] continue to improve…
Dollar Tree Pulls Eggs From Store Shelves Over High Prices, Company Says
Low-end retailer Dollar Tree on Sunday confirmed it pulled eggs from store shelves as prices for the staple food item remain relatively high. “The cost of eggs is currently very high,” Dollar Tree spokesperson Randy Guiler told multiple news outlets, adding that eggs will be brought back at the chain’s thousands of stores when “costs…
Dollar Tree Says Its Inflation-Driven $1.25 Price Boost Strategy Is Paying Off
The American discount retailer Dollar Tree has said that its inflation-driven strategy to boost prices to $1.25 is now paying off. The retail chain was criticized by many customers and analysts for raising prices to $1.25 last November, breaking its 35-year reputation for selling only $1 items. The company suffered massive profit losses last year due…
Toxic Metals and ‘Forever Chemicals’ Found in Dollar Store Products in Canada
September 2, 2022
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Business & MarketsCompaniesDollar TreedollaramaEnvironmentforever chemicalsHealth & Safetylead poisoningLifestyleSciencetoxic levelUSUS News
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An analysis of some products sold at dollar stores like Dollar Tree and Dollarama in Canada has been found to contain toxic heavy metals as well as “forever chemicals,” referring to “per- and polyfluoroalkyl substances” (PFAs) that tend to stick around in the soil, atmosphere, and rainwater for a long time. The study, published by…
Soaring Inflation Squeezing Sales in Dollar Stores
Dollar stores, which have seen more customers shop at their establishments amid rising prices, are now beginning to feel the negative effects of inflation. Dollar Tree and Dollar General, two of the leading stores in the United States, recently announced their second-quarter earnings. During the earnings call on Aug. 25, Dollar Tree CEO Mike Wytinski…
Stock Wars: Dollar General Vs. Dollar Tree
Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector, with the goal of determining which company is the better investment. This week, the duel is between a pair of discount retail chains: Dollar General Corp (NYSE:DG) and Dollar Tree, Inc. (NASDAQ:DLTR). The Case For Dollar General This company began in October 1939…
Dollar Tree Will Now Price Items $1.25, CEO Blames Inflation for 35-Year Hike
November 24, 2021
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Business & EconomyBusinesses in COVID-19CompaniesDollar TreeeconomyFamily Dollarinflationprice increasesUS
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Dollar Tree announced Tuesday that it will be permanently raising prices for most of its items from the namesake $1 to $1.25 citing inflationary pressures resulting in higher merchandise cost and increasing operational expenditures. “For 35 years, Dollar Tree has managed through inflationary periods to maintain the everything-for-one-dollar philosophy that distinguished Dollar Tree and made…
Dollar Tree Makes It Official: Items Will Now Cost $1.25
NEW YORK—Faced with the rising cost of goods and freight, discount retail chain Dollar Tree said Tuesday it will be raising its prices to $1.25 for the majority of its products. Dollar Tree said the reason for raising its prices to $1.25 was not due to “short-term or transitory market conditions” and said the price…
Dollar Tree Cracks $1 Price Point as Inflation Bites
Dollar Tree, known for selling $1 items, will start testing higher price points in what it’s calling a “multi-price evolution” driven by a combination of customer demand and inflation. The company, which operates over 15,000 stores across the United States and Canada, said in a Sept. 28 release that customers have welcomed the rollout of…
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