Forgive my naivety, but I thought that if you were shopping at a store that calls itself a “Dollar Store,” they’d actually have merchandise that costs a dollar.
These days, when you shop at any of the so-called dollar stores, it’s become more and more difficult to find items that cost a dollar.
Now comes word that shoppers can expect to see even higher prices at one of the dollar retailers with New Jersey locations.
Dollar Tree Plans to Raise Prices
Dollar Tree has announced plans to raise their price cap to seven dollars on a host of new items.
Dollar Tree stores currently offer a base price of $1.25 in its stores and a five-dollar cap.
So what’s the deal?
The company has seen its customer base change a bit.
Everyone Looking for a Deal
According to a report in The Wall Street Journal, more affluent people have begun shopping in their stores. In other words, people who have more money to spend.
The company plans to introduce several hundred items to appeal to those who have more money to spend.
I have to ask, aren’t those same affluential people shopping in these stores because they’re looking for the lower prices?
Dollar Tree to Close More Locations
Dollar Tree has over 16,000 stores throughout the country and nearly 200 locations in New Jersey.
They made news earlier when they announced the closing of a number of locations. Additionally, the company plans to shutter hundreds more as their leases expire.
Dollar Tree Raising Some Prices to $7 as 6-Figure Earners Flock to the Discount Store (yahoo.com)
11 Items You Should Never Buy In A New Jersey Dollar Store
Gallery Credit: Buehler
Items Cheaper at the Dollar Store Than Walmart
If you’re wanting to save an much money as possible, here is a look at items that are cheaper at the dollar store than they are at Walmart stores.
Gallery Credit: Billy Jenkins
