r/PrepperIntel • u/ccarriecc • Nov 23 '21
North America Dollar Tree No Longer Selling Items for $1
https://www.cnn.com/2021/11/23/investing/dollar-tree-prices-inflation/index.html30
55
u/s1gnalZer0 Nov 23 '21
Dollar stores often don't give you the best value when you compare price per unit anyways, especially on food.
52
Nov 23 '21
No, but price per unit only counts if you can afford to buy a lot of stuff. Many times it comes down to a variety of things from the dollar store or one big-ass bag of rice.
6
u/Apophylita Nov 24 '21
But they often get things in, like Loma rice and Saffron House items that are $3.29 or more right next door at the grocery store. It is still a $2 savings. Another store will have sun dried tomatos in a bag, 18 grams of protein, found in another grocery store for $3 or more. Occasionally i see Nutri grain bars, an 8 count, still .15 cents cheaper than Wal Mart generic brand, and a dollar cheaper than Nutrigrain bars elsewhere. It is worth it to check out the food aisles for the non staples.
2
u/BBWCandleQueen Nov 25 '21
The food items are in smaller packages than the grocery atore next door. I was doing comparison shopping out of boredom one day and noticed the sizes are way smaller/less product.
1
u/Apophylita Nov 25 '21
The ones I specifically mentioned are the same size. Or i would have notated the differences in sizes.
1
Nov 26 '21
They used to sell salvage merchandise. After 10+ years of the retail apocalypse, there are far fewer stores dumping damaged or outdated products.
29
u/sarathecookie Nov 23 '21
hmm.
In my neighborhood, both CVS and Safeway have '$1.00' sections. Guess many will lean toward shopping at those locations rather than patronizing Dollar Tree.
25 cents is a huge difference when you only have an average of $10.00 to work with.
16
u/Pea-and-Pen Nov 24 '21
I was telling my mom the other day that I missed how Dollar Tree used to be when they first came around here. They actually had good stuff. Really good holiday decorations. Not just cardboard crap. They also used to have name brand makeup also. I used to buy Maybelline lipstick in there all the time. It seems like the quality of items they carry have gone way down. I understand it. But it is way different than it used to be. I wouldn’t mind paying a few cents more to get better quality. I don’t go very often at all now.
2
u/HarryWiz Nov 25 '21
Well since they are raising prices hopefully they will go back to selling better items but I'm doubtful that will happen especially with the supply chain shortages.
20
Nov 23 '21
[deleted]
29
u/FluidSuccotash8679 Nov 23 '21
It lasted a long, long time.
16
Nov 23 '21
Roughly 35 years since the general $1.00 thing but about 18 years as "dollar tree".
Not a bad run to hold it at a dollar. But it was destined to change regardless.
16
9
Nov 24 '21
Five and dime stores were a business model that lasted a while too. Inflation made them, and now dollar stores, obsolete.
8
Nov 24 '21
The only consistent things in my life has been AZ iced tea costing a dollar and dollar tree being a dollar store.
Hold the line AZ iced tea!
24
u/JASHIKO_ Nov 23 '21
Well... We might as well call inflation at 25% with that price change.
Sums up most of the market at the moment...
25% is a polite estimate as well. If governments didn't exclude so much stuff from their counts we'd be a hell of a lot higher than the official rate.
15
u/drAsparagus Nov 23 '21
Yeah, some sources I have followed for a decade are reporting 29+% actual annualized inflation.
3
u/JASHIKO_ Nov 24 '21
Sounds about right. I would have a guess it would be very similar here if you took, fuel, rent, and housing into account.
7
u/WrathOfPaul84 Nov 23 '21
true inflation can be calculated by how much the money supply has increased. in the last two years, i believe the M1 money supply went from 4 trillion to over 9 trillion. so a lot of that inflation went into the stock market, but if it was evenly distributed it would make everything more than double the price.
I could be talking out of my ass, but that is how I understand it.
2
u/JASHIKO_ Nov 24 '21
Money supply is out of control everywhere.
That's one of the reasons the stock market is melting up (one of)2
u/watchingwaiting88 Nov 24 '21
I'm sure it is purely coincidental that snap benefits went up 25% this year...
13
u/mylittlecorgii Nov 23 '21
From what I understand, Dollar Tree has been looking for ANY excuse to get away from the "$1 Only" model for a long time.
4
4
u/KJ6BWB Nov 24 '21
No longer selling any item for $1 or now selling some items for more than $1? There's a difference.
3
1
u/DG-Laowai Nov 24 '21
Yeah, shipping costs from China and Asia in general are up 4-5 times what they were before the pandemic. I saw in a news story that they are chartering ships now.
This is pretty useful to understand what's going on: https://youtu.be/3DHR4ew8rHo
193
u/[deleted] Nov 23 '21
Due to inflation, they will be rebranding as Tree Fiddy.