Dollar Tree Raising Prices to $7 as Family Dollar Integration Struggles Continue

• Dollar Tree to raise maximum price of items to $7, up from previous $5 cap set in 2023 • Price hike intended to allow Dollar Tree to add new products to store shelves
• Comes shortly after company announced closures of over 1,000 Family Dollar stores • Dollar Tree struggling to integrate Family Dollar business acquired in 2015 • Family Dollar acquisition described as "botched" and a "mess" Dollar Tree is still sorting through