1247 ET - Dollar Tree, once known for one-dollar items, is expected to raise the price of some goods like bread and foil pans to $1.50 starting next week, BMO analyst Kelly Bania says. Bania expects that price to shift to more products going forward as the retailer mitigates rising costs from tariffs on Chinese imports. This comes about five years after Dollar Tree first started experimenting with $1.25 prices, and it now charges that amount for about 90% of items, Bania says. Bania questions how much the latest price increase will help Dollar Tree's margins as low-income shoppers remain extremely price-sensitive and the $1 price point is still a strong category for rival Dollar General. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 21, 2025 12:47 ET (16:47 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.