Quote:
Originally Posted by Dana1963
It’s doomsday, I wonder what the markup is on a $1.00 item to turn a profit keep the lights on and payroll.
According to Forbes “ Dollar Tree’s DLTR namesake value promise that’s held true for decades will now be only mostly true, as the company is set to raise prices as much as $0.50 on some products. The discount chain had been testing pricier products in its “Dollar Tree Plus” collection in an effort to increase sales, but this new price increase will affect items throughout the store. Minority communities across the country may be shelling out more money as they battle raising prices from stores which typically cater to low-end consumers, especially when the majority of its products are made in other countries.”
|
Part of the reason for the price increase at the Dollar Tree is due to shipping price increases. As I understand it the prices are not increasing too much and they will also be selling more items from the Family Dollar Store at the low prices but up to $1.50.