Dollar Tree breaks the $1 barrier as costs take a bite

Change will allow for better mix of products, company says
Posted at 7:37 AM, Sep 30, 2021
and last updated 2021-09-30 07:37:36-04

CHESAPEAKE, Va. — Dollar Tree, the national chain of stores that promises everything for a buck, will begin introducing items on its shelves that will exceed $1.

The company said this week that it's responding to customer requests and said pushing the $1 barrier will allow for a better mix of products.

However, the change to prices at Dollar Tree, which have been unchanged for decades, comes with inflation rising above 4% in July.

Prices have risen across the spectrum as the global economy emerges from the pandemic.