Bargain Stores Close Doors and Raise Prices, Squeezing Budget Shoppers

99 Cents Only stores announced it is closing all 371 of its stores across the country due to financial challenges from the pandemic, inflation, and changing shopping habits
Dollar Tree recently announced it will be increasing prices on many items from $1 to as high as $7 per item, though most products will remain $1
Dollar Tree plans to eventually sell items priced up to $10 in stores
Dollar Tree is struggling with its Family Dollar brand and will close 970 Family Dollar stores in the next few years
Between 99 Cents Only closing and Dollar Tree raising prices and closing some stores, bargain shopping is getting more expensive for consumers seeking low prices on essentials