Big Price Increase Coming to Iowa Dollar Tree Stores

For years, we've been used to paying $1.25 at the dollar store, following a price increase between 2020 and 2021. They’ve also introduced Dollar Tree Plus items in over 5,000 stores to offer customers better deals. I've been a fan of this isle as it offers some fun décor. Sadly we may be seeing another price increase soon.

Recent reports have been saying that a small price jump will be happening again.

Nearly four years later, Dollar Tree may allegedly raise its prices again to $1.50. The rumor mills about this price hike have been swirling since 2024

The Possible Dollar Tree Price Increase

It may be more than just a rumor. During Dollar Tree's recent fourth-quarter earnings call, the company revealed plans for another price increase. The CEO stated:

"This year, in 3,000 stores, we expect to expand our multi-price assortment by over 300 items, with prices ranging from $1.50 to $7."

Dollar Tree is set to raise its prices, with items now starting at $1.50 and prices going up to $7, surpassing the previous $5 limit. This change reflects the company's shift toward a more flexible pricing strategy as it offers a wider variety of multi-priced products, marking a notable departure from its traditional pricing model.

Obviously, people aren't too excited about this. Others aren't too bothered since grocery prices have been rising everywhere. Some even say this won't happen at all. At this moment only time will tell, but it looks like we should be getting an answer sooner rather than later.  What do you think?