Dollar Tree Price Hike Coming Next Year– Call Them The “Dollar-And-A-Quarter Tree”Store

(Chesapeake, VA) — Dollar Tree is announcing it will be raising its famous one-dollar price tag to one-dollar and 25-cents. The retailer reported the price hike is more to do with product offerings than the severe inflation currently plaguing the U.S. at the grocery store and gas pumps. The company’s CEO called the 35-year tradition of its dollar price tag a “constraint” in a recent statement. Shoppers should expect to start seeing the higher prices within the first three months of next year. Back in September, Dollar Tree also announced it would start offering three- and five-dollar items in more of its stores. These moves are also a response to pressure from Wall Street and other low-price retail competitors like Dollar General and SuperValu.