Dollar Tree stores to introduce merchandise with price tags up to $7 [FOX Business Network]
Dollar Tree, Inc. (DLTR)
Last dollar tree, inc. earnings: 3/4 07:30 am
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Source: FOX Business Network
That will be the case for 3,000 stores, where CEO Rick Dreiling said Dollar Tree "expect[s] to expand our multi-price assortment by over 300 items at price points ranging from $1.50 to $7." The company, which also operates the Family Dollar brand, has been introducing products that come at costs above its $1.25 price floor. The upper limit had been $5 prior to the upcoming initiative, according to reports. "But even as our multi-price assortment expands over time, the vast majority of the items sold in Dollar Tree stores will remain at our entry-level fixed price point," Dreiling said of the new $7 upper limit. "Over time, you will also see us fully integrate multi-price merchandise more into our stores so our shoppers will find $5 bags of dog food next to our traditional $1.25 pet treats and toys, and our $3 bags of candy will be found in the candy aisle." Dollar Tree has been seeking to "present a more relevant assortment" to consumers at varying price levels, according to th
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DLTR
Earnings
- 3/13/24 - Miss
DLTR
Sec Filings
- 4/4/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- DLTR's page on the SEC website