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Dollar Tree to increase price point to $1.25 nationwide

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Customers will see the price increase by March 2022, the company said.
Dollar Tree, which has priced its products at $1.00 for 35 years, announced Tuesday that it will soon increase its price point to $1.25 nationwide. Some customers will see prices increase in December, and all stores will implement the new initiative by the end of March 2022, the company said. « Lifting the one-dollar constraint represents a monumental step for our organization and we are enthusiastic about the opportunity to meaningfully improve our shoppers’ experience and unlock value for our stakeholders, » Dollar Tree’s President and CEO Michael Witynski said in a statement.

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