Discount retailer Dollar Tree announced it will raise its price cap to $7 on items at thousands of its stores across the nation as soaring prices continue to take their toll on the most economically vulnerable Americans.
Dollar Tree CEO Rick Dreiling told investors during a conference call on March 13: “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 $7.00.”
