In-home mask mandate - Swedish PM resigns - Dollar Tree price hike

The company notes that it has managed to hold prices at $1 for 35 years, including during inflationary periods. This decision comes after a testing process that began this past summer, and was introduced in September as part of a company transformation plan. The company said the higher price point is a permanent move, and not the result of “short-term or transitory market conditions.”
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The benefit of higher prices is expected to be offset by higher costs as well as store conversions, with the company expanding its Dollar Tree Plus locations, adding combo stores that house both Dollar Tree and Family Dollar merchandise, and more. Supply-chain disruptions are expected to be a challenge in the near term.
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Moreover, the $1.25 price point allows the company to offer a wider range of merchandise, including items that had been discontinued at the $1 level. Gross margins will also benefit, with the higher price point offsetting freight, operating and other costs that have gone up.