New Jersey Dollar Tree Locations Are Jacking Up Prices – Here’s What Will Cost More

Remember when you went to "the dollar store" and you could buy items for, you know, a dollar?

Times have changed, and Dollar Tree has announced that they're raising the previous $5 cap that was in place.

Get our free mobile app

These price hikes have been ongoing. In 2021, the one-dollar cap became $1.25. In 2023, the max shot up to three dollars. Now, the CEO of Dollar Tree has announced that some items will have a price tag as high as seven dollars.

Surprise, surprise, inflation is a significant driving factor, but that's not the only reason.

According to Dollar Tree CEO Rick Dreiling and reported by Yahoo! Finance:

Due to this finding, Dollar Tree seeks to provide these shoppers with a more "relevant assortment" of products.

"Relevent assortment?" That's just a corporate way of saying nicer, higher-quality goods. Dollar Tree is getting boujee.

At first, I was a bit surprised that higher earners were more frequently shopping at Dollar Tree, but when you think about it, we all feel the pinch of grocery prices. Every dollar counts in this economy.

READ MORE: 11 Things You Should Never Buy From New Jersey Walmart Stores

I want to mention that the $1.25 prices we've come to know and love are staying. The Dollar Tree CEO explained that higher-priced dog food, for example, will be mixed with the $1.25 steals.

Newer and more expensive Dollar Tree items will be phased in shortly. According to Yahoo! Finance, these products are expected to become more expensive soon.

Food

How do you feel about Dollar Tree food? I only buy specific things, and I always watch dates.

Snacks

Dollar Tree is a great place to visit before seeing a movie. Not that I ever bring outside snacks into a movie. Never.

Pet Care

Pet care products are pricy. Dollar Tree is not immune to rising costs.

Personal Care Products

Soaps, body washes, and shampoos will likely be more expensive at Dollar Tree.