Dollar Tree No Longer a Pure Play Dollar Store and That's Okay
Dollar Tree (NASDAQ: DLTR) has been testing higher price points on merchandise in its stores for several years now, but runaway inflation, a tight labor market, and continued disruptions in the supply chain have the retailer broadly increasing prices.
Maybe we ought to call it the Dollar-Fifty Tree from now on, because consumers may be hard-pressed to find anything costing a dollar on its shelves anymore.
Image source: Getty Images.
Source Fool.com
