Driving Directions To The Nearest Dollar Tree (2024)

FAQs

Is there anything at Dollar Tree more than a dollar? ›

"This year, across 3,000 stores, we expect to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7," Dollar Tree CEO Rick Dreiling said in the call on March 13. A $5 cap was set in June, according to Yahoo Finance. In 2021 the company raised the base price of items to $1.25.

Other ways dollars stores sell for cheap

Another method dollar stores use is sourcing liquidated items. This means that when other businesses close, dollar stores often swoop in to purchase their inventory at significantly reduced prices. As a result, these items are available in dollar stores at lower prices.

In the midst of unprecedented inflation, Dollar Tree recently changed its primary price point to $1.25 in order to continue to offer our customers all the products they've come to know and love, plus hundreds of new ones, and to bring back customer favorites at an incredible value.

Does Walmart own Dollar Tree? No, Dollar Tree is a publicly traded company owned by its independent shareholders. WalMart and Dollar Tree are both Fortune 500 companies and are competitors.

In fact, Walmart cost less than Dollar General in our price comparison. We checked prices on a basket of common goods in their online stores. Walmart was cheaper overall, and beat Dollar General in 10 out of 12 of the items in our basket.

The main competitors of Dollar Tree include Dollar General (DG), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), PriceSmart (PSMT), Big Lots (BIG), Target (TGT), Five Below (FIVE), MINISO Group (MNSO), eBay (EBAY), and Restaurant Brands International (QSR).

Three national chains dominate the dollar store retail environment: Dollar General, Dollar Tree, and Family Dollar. Combined they had over 24,000 stores as of October 2018. You can see in the map that these stores are most heavily concentrated in the Southeast United States.

Dollar Tree, Inc. (DLTR)

days of the week to hit Dollar Tree are typically Tuesdays, Wednesdays or Thursdays.” On these days, Dollar Trees tend to be less crowded, since most people are busy with work or school. Many stores are also restocked over the weekend or Monday, meaning you'll find a greater selection.

Do Buy Milk and Eggs. While fresh food may not be the forte of dollar stores in general, according to Keating, these two kitchen staples are typically perfectly fresh and healthy. You just want to be sure to check the "best used by" dates on them to make sure you're not buying them too close to their expiration dates.

Are Dollar Tree prices going up in 2024? ›

Dollar Tree is yet again not sticking to the dollar theme in its name. The company announced last month that it would be increasing the prices on items again. The official prices announced were a minimum of $1.50.

The company, which employs around 14,000 people, cited financial challenges it says were brought forth by the pandemic, inflation and changing consumer shopping habits. The company said it will liquidate all of its merchandise and dispose of certain furnishings, fixtures and equipment at the stores.

For fiscal 2023, the company lost $998 million, versus a profit of $1.6 billion in 2022. The key reason for its loss is a $594.4 million charge for portfolio review, a $1.07 billion goodwill impairment charge, and a $950 million trade name impairment charge.

Dollar Tree is raising prices again. Although many items available at your local Dollar Tree, like personal care, food and beverage items, will see a new cap price of $7, up from a max price ceiling of $5 set in June 2023, not all items will be affected by this increase.

Inflation strikes again: Dollar Tree is raising its prices again to $7, up from the $5 price ceiling set in June.

Some of the products may not last for long, and you might have to replace them quickly. On the other hand, Dollar General sells products that cost more, but you can expect the quality to be higher. So, if you are looking for better quality products that might last longer, Dollar General is the way to go.

Unlike Dollar Tree, not everything at Family Dollar costs just $1.25. Prices for its items range between $1 to $10, with most items typically costing from $3 to $5. However, you can still find plenty of great deals on a variety of household and grocery items.