Hold Up, Wayment!: Black Twitter Reacts To Dollar Tree Raising Their Prices Over $1
Dollar Tree has long been the place to go when you’re looking for an assortment of everyday items that are truly $1. However, things may be changing due to inflation.
According to AP News, the affordable shopping franchise will be “breaking the mold” and selling items that exceed $1 at select locations. The decision comes as the retail chain reveals that rising shipping costs will take a significant bite out of its per-share profits this year, reports AP.
FYI: The company has been slowly introducing the idea with hundreds of stores with a special section marked “Dollar Tree Plus” with items that can go for as much as $5.
CEO Michael Witynski explained in a prepared statement obtained by AP that Dollar Tree is a “test-and-learn” company, which means that the business will be watching closely at how customers react.
Let’s just say, Black Twitter wasn’t having it! Below, see how loyal Dollar Tree shoppers reacted to news that items between $1.25 to $1.50 will soon be found in the mix at some locations.