Dollar Tree adding locked cases, removing items from stores amid rising theft costs

Dollar Tree is implementing anti-theft measures to combat growing shrink and declining gross margins, as the company deals with a customer shift towards consumables and increased theft in the retail industry.

yahoo.com

Relevant topic timeline:

8/24/2023

Dollar Tree said theft is such a problem it will start locking up items or stop selling them altogether

Dollar Tree blames a drop in profit margin on theft, changing consumer demands, and higher prices for fuel and electricity.

8/25/2023

Dollar Tree rolling out drastic measures to combat escalating crimes

Dollar Tree is planning to take drastic measures, such as moving items behind the check stand and discontinuing products, in an attempt to combat theft, which has caused a significant drop in profit according to the company's CEO.