Dollar Tree breaks the $1 barrier as costs take a bite

CHESAPEAKE, Va. (AP) — Dollar Tree, the national chain of stores that promises everything for a buck, will begin introducing items on its shelves that will exceed $1.

The company said this week that it’s responding to customer requests and said pushing the $1 barrier will allow for a better mix of products.

However, the change to prices at Dollar Tree, which have been unchanged for decades, comes with inflation rising above 4% in July.

Prices have risen across the spectrum as the global economy emerges from the pandemic.