Dollar Tree sees first price increase in over 30 years.
If you love popping in Dollar Tree for some cheap items, just be forewarned that Dollar Tree is raising prices. Prices will rise by 25%, bringing the cost of its products to $1.25. Which affects tax as well depending on where you live. With 10% tax in my area, I know Dollar Tree items cost $1.10. Now they will cost $1.38.
I know that will affect what I buy at Dollar Tree, given that with a sale and a coupon at other stores, I can likely do better on major brand items.
Based on the articles I read, in the face of inflation, Dollar Tree was forced to stop carrying a lot of it’s products or raise the prices 25%. A difficult decision to make, I’m sure.
When will Dollar Tree raise prices?
While this has been implemented in some areas as a market test, according to a Bloomberg article, this change will be standard nationwide by the end of April 2022.
I don’t know about where you are, but where I am we have gotten a few of these Family Dollar/Dollar Tree combo stores. They are Family Dollars that contain “Dollar Tree Aisles” throughout the store. So you can pick up your favorite Dollar Tree items and shop for a wider variety of items in the Family Dollar.
I don’t know if the 25% price increase will include the Dollar Tree sections of Family Dollar stores. I feel like they should be able to keep those aisles stocked with items that can still be at the $1 price point. But that’s just my opinion.
How do you feel about the changes? Will you be less likely to shop Dollar Tree after the changes? Is there anything you’ll stock up on before the price change?
Another good thing bites the dust. OUrs just raised it this week to 1.25 in southeastern pa. I shelled out 3.25 MORE for my purchases, then when they were just a dollar. Also noticed that many packaged food items are NOW even smaller… More than likely will not be shopping there as much, as the price increase adds up. Sometimes its fun to buy something because you really want it, rather than need. But that extra quarter, for me, will make me think twice. I still pick up a quarter off the ground.. so,,,, 25 cents here, there.. it DOES ADD UP.