Dollar Tree Raises Prices to $7 as Inflationary Pressure Hits Lower-Income Families

As soaring prices continue to hurt the most economically vulnerable Americans, discount store Dollar Tree announced it will increase the price cap on things at dozens of its stores nationwide to$ 7.
In a conference call on March 13th, Dollar Tree CEO Rick Dreiling stated to investors that” we anticipate expanding our multi-price assortment by over 300 items at price points ranging from$ 1.50 to$ 7.00.”
The higher value items may include food, animal, and personal care items, according to Mr. Dreiling.
You will also see us fully integrating multi-price products into our stores, allowing our customers to find$ 5 dog food next to our customary$ 1.25 pet treats and toys in the candy section, according to Mr. Dreiling.

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