WOW! Prices At Dollar Tree Are Going Up Again. How Much Will It Cost You?

Is there anything that's a dollar at Dollar Tree? Prices went from $1 to $1.25 and now they are going up again. According to an article by Kiplinger, "This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree Chairman and CEO Rick Dreiling said during the company's fourth-quarter earnings call earlier this month. Items impacted are in the food, pet and personal care categories."

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The price increase makes me wonder will the "dollar store" price itself out of the market. The appeal was the price point, but some items will be less expensive at other retailers so will the store see a decrease in shoppers with prices going up again.

In addition to the price increase Dollar Tree announced it will close nearly 1,000 of its Family Dollar stores after they underperformed in 2023. The closings include the Middletown, New Jersey store.

"The new cap price of $7 on many items will likely not go into effect until later this year, so stock up today at a store near you."

I like shopping at Dollar Tree, there are some products that have become a regular item for us, but like anything else, if I can save money at other retailers, it may be fewer visits to DT. What are some of your favorite items that you pick up at Dollar Tree?

Most Popular Items at Dollar Tree (Kiplinger.com)

10. Cleaning products

9. Office supplies

8. Picnic supplies

7. Gift and party supplies

6. Tape

5. Plant supplies

4. Picture frames

3. Candy

2.. Pregnancy tests

1. Greeting cards