Dollar Tree plans to sell some items for more than $1

3 years ago 366

Dollar Tree isn't conscionable a dollar store anymore.

The retailer plans to adhd much inventory, which is priced supra $1.

“For decades, our customers person enjoyed the ‘thrill-of-the-hunt’ for worth astatine 1 dollar - and we stay committed to that halfway proposition - but galore are telling america that they besides privation a broader merchandise assortment erstwhile they travel to shop,” CEO Michael Witynski said, according to The Associated Press.

While Dollar Tree plans to connection a broader enactment of products, Witynski said shoppers should inactive expect to find bargains.

“We volition proceed to beryllium fiercely protective of that promise, careless of the terms point, whether it is $1.00, $1.25, $1.50,” Witynski said.

Like galore retailers, Dollar Tree has been forced to set to the rising outgo of inflation.

The Associated Press reports that yearly ostentation successful the U.S. reached 4.2% successful July, which the highest successful 30 years.

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