Dollar Tree raising prices to $1.25 per item

TAYLOR KNIGHT:

THE DOLLAR TREE IS NO LONGER SELLING ITEMS FOR A DOLLAR. THEY HIKED UP THE PRICES BY TWENTY FIVE PERCENT – BRINGING ITEMS TO ONE DOLLAR AND TWENTY FIVE CENTS.

SOME MAY SAY THIS IS NO BIG DEAL BUT – THE FRANCHISE IS KNOWN FOR THEIR ONE DOLLAR ITEMS – WHERE YOU CAN PICK UP A HANDFUL OF GOODS AND  SPEND LESS THAN TEN DOLLARS.

ONE LOYAL CUSTOMER SAYS DOLLAR TREE NEEDS TO BE CHANGED TO THE DOLLAR PLUS TREE.

THE BIG NEWS COMES AS THE COMPANY STRUGGLES TO MAINTAIN LOW PRICES WITH RISING COSTS. 

HOWEVER, THE NEW PRICES WON’T TAKE EFFECT UNTIL 2022.

THE COMPANY SAYS TWENTY FIVE CENT SHIFT WILL ALLOW THE STORE TO ADD NEW PRODUCTS THAT WEREN’T PREVIOUSLY AVAILABLE. 

ONE CUSTOMER BELIEVES THIS TRANSITION WILL ALLOW THE STORE TO GET BETTER QUALITY ITEMS. 

STILL SELLING THINGS FOR JUST A BUCK IS A BUSINESS MODEL THAT GOES BACK 35 YEARS, SO THE CHANGE HAS BEEN A RUDE AWAKENING FOR LOYAL CUSTOMERS.

ONE TWITTER USER FEELS LIKE SHE WOKE UP TO A NEW WORLD AFTER HEARING THE NEW PRICE FOR ITEMS. 

ANOTHER USER SAID RIP DOLLAR TREE – JOINING THE OTHER NOSTALGIC COMPANIES THAT WENT DOWN. 

DO YOU THINK THIS NEW PRICE WILL DRIVE CUSTOMERS AWAY FROM DOLLAR TREES? 

LET US KNOW IN THE COMMENTS BELOW.