Dollar Tree will sell more stuff for above $1
CNN
Dollar Tree for decades has sold most of its products for a dollar. Now it's adding products for higher prices at thousands of stores.
The company said Tuesday that it will begin selling items at $1.25 and $1.50 at some locations for the first time. It will also add $3 and $5 items to more stores, expanding on a prior strategy in recent years to move away from only offering goods for $1.
Dollar Tree (DLTR) has a treasure hunt-like atmosphere in stores and caters to suburban, middle-income shoppers. It carries primarily seasonal goods, toys, stationary, home decor, kitchenware and party items. The company said its latest moves to raise prices will allow it to expand its assortment and introduce new products.
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