Dollar Tree is Raising Prices for the First Time Ever in Select Stores • Hip2Save

Dollar Tree store

It may be time to brace ourselves for higher prices everywhere. 

You may have noticed that prices have increased significantly pretty much everywhere lately, and Dollar Tree isn’t immune to the hikes.

Dollar Tree announced earlier this week that, for the first time ever, they’ll be breaking their $1 price promise in some stores. As far as we can tell, the increases will fall in the $0.25-$0.50 range for select items. However, the prices will be changing a bit more noticeably in Dollar Tree Plus stores, and it’s likely we’ll be seeing prices as high as $5 in the Dollar Tree Plus locations.

According to a press release, Dollar Tree is looking to have more Dollar Tree Plus stores up & operating by the end of the year.

Dollar Tree has already announced that it is on track in 2021 to have 500 Dollar Tree Plus stores by fiscal year-end – offering an assortment of value-priced $1, $3, and $5 products. Another 1,500 stores are planned for fiscal 2022, and at least 5,000 Dollar Tree Plus stores are expected by the end of fiscal 2024.”

Dollar Tree basket full of Easter supplies

While Dollar Tree has confirmed that they “will begin testing additional price points above $1 in selected legacy Dollar Tree stores,” they haven’t announced which ones, although it looks like more than 100 legacy stores will be impacted.

Luckily, Dollar Tree has announced that they’re still committed to offering items with a great value for the price, so we can expect to continue seeing the awesome deals we know. But in the future, they may just be a bit pricier than we’re used to.

Check out our favorite Dollar Tree finds!

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