Posted 3/26/2024, 12:37:35 AM
Dollar Tree Raising Prices to $7 in Thousands of Stores Amid Higher Income Shopper Traffic and Family Dollar Closures
- Dollar Tree raising price cap to $7 in over 3,000 stores, will offer more items from $1.50 to $7
- Seeing increased traffic from higher income shoppers making over $125k a year
- Closing about 600 Family Dollar stores this year, 400 more over next few years
- Among closing Family Dollar locations NJ, FL, IL, VA, OH, AL, NC, MO, KS, SC, WV
- Opened 641 stores total last year including 219 in Q4; operates over 16,700 stores in 48 states & Canada
