Jun 8, 2022 — Dollar General Merchandisers, the people who are in charge of the remodels. I believe these people have no souls, friends, nor any people skills
Is Dollar Tree going back down to one dollar?
In an economy that has seen its fair share of ups and downs over the past few years, it's not surprising that Dollar Tree has turned back the clock and slashed hundreds of store items back to $1, as GOBankingRates previously reported. However, those expecting inventory-wide dollar deals will be disappointed.
Is Dollar Tree going up to $3 dollars?
At its investor meeting last week, talk from Dollar Tree executives centered around Dollar Tree Plus, which includes products that cost between $3-$5, and which the company says make up its biggest opportunity to drive sales.
What are the changes to Dollar Tree?
Dollar Tree branched away from its trademark $1 dollar pricing at the end of 2021, when it pushed prices of the vast majority of products up to $1.25. That's about to change again. According to Winsight, the company told its annual investor conference it plans to bring the cost of 300 or 400 products back to $1.
Is Dollar Tree merging?
According to a Dollar Tree, Inc. press release that announced Dollar Tree completing the acquisition of Family Dollar July 6, 2015, the merger would create combined organization with sales exceeding $19 billion annually with more than 13,600 stores across 48 states and five Canadian provinces.
Why is Dollar Tree falling?
The company's gross margin declined thanks to sales mix and shrink. Buying trends show that people are favoring essentials as they feel pressure from inflation and a slowing economy, and these tend to be lower margins for Dollar Tree.