Biden Breaks The Buck: Dollar Tree Forced To Hike Prices Amid Soaring Inflation

For some folks...this is a big deal!!!

Dollar Tree Inc. has based its entire brand on every item priced for a dollar or less across its nearly 16,000 retail stores across 48 states and five Canadian provinces. But with logistical costs soaring, persistent labor shortages, and the cost of everything rising, the company announced it would begin selling items for more than $1 in its Dollar Tree Plus and Dollar Tree stores. Some things could cost as much as $5.

"Our brand promise is that customers get great value for what they spend at Dollar Tree. We will continue to be fiercely protective of that promise, regardless of the price point, whether it is $1.00, $1.25, $1.50," CEO Michael Witynski said.

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