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Nov 23 - Y’all ready for Dollar.25 tree?



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 6 days ago '15        #1
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Pill Cosby 313  topics gone triple plat - Number 1 spot x10
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Nov 23 - Y’all ready for Dollar.25 tree?
 

 
visit this link https://www.cnn.com/2021/ .. ion/index.html

New York(CNN Business) Dollar Tree will soon be $1.25 tree.

The company — one of America's last remaining true dollar stores — said Tuesday it will raise prices from $1 to $1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the pressures low-cost retailers face holding down prices during a period of rising inflation.

Dollar Tree (DLTR) said in a quarterly earnings release Tuesday that its decision to raise prices to $1.25 permanently, however, was "not a reaction to short-term or transitory market conditions."

Selling stuff strictly for $1 hampered Dollar Tree, the company said, and forced it stop selling some "customer favorites." Raising prices will give Dollar Tree more flexibility to reintroduce those items, expand its selection and bring new products and sizes to its stores.

Dollar Tree also said that hiking prices will help the company increase its profit margins by "mitigating historically high merchandise cost increases," including freight and distribution costs, as well as wage increases.

"This is the appropriate time to shift away from the constraints of the $1 price point," CEO Michael Witynski said in a statement.

The end of dollar stores

Dollar Tree carries primarily seasonal goods, toys, stationary, home decor, kitchenware and party items.

It caters to suburban, middle-income shoppers, unlike Dollar General (DG), its more rural-focused rival. Family Dollar — owned by Dollar Tree — targets mostly low-income shoppers in cities.

Dollar Tree has sold products at $1 for 35 years and was the last of the major dollar store chains to actually be a dollar store. (The company was called "Only $1.00" in the late part of the 20th century, before changing its name to Dollar Tree in 1993.)

Dollar Tree had started moving away from only offering goods for $1 in recent years, in part as a response to pressure on Wall Street to raise prices. Dollar Tree has lagged Dollar General and other discount chains.

In 2019, an activist investor took a stake in the company and pressed the chain to raise prices. The group ended its f*ght after Dollar Tree announced it planned to test different prices.

In September, Dollar Tree said it planned to begin selling items at $1.25 and $1.50 at some stores for the first time. It also said it would add $3 and $5 items to more stores, expanding on a prior strategy to offer these prices at select locations.

Since that announcement, a different activist investor built a stake in Dollar Tree and has tapped a former Dollar General CEO to push for changes at the company.

Although Dollar Tree said its decision to permanently raise prices was not a reaction to short-term inflation, one analyst was unconvinced.

"The pace of rollout, along with [the] engaged investor, Mantle Ridge, clearly suggests otherwise," Kelly Bania, an analyst at BMO Capital Markets, said in a note to clients Tuesday.
We have reached a new era gentlemen image
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57 comments
 

 6 days ago '12        #2
daman729 
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I wonder what theyr'e gonna name the store now lol.
+8   

 6 days ago '16        #3
foshoVoodoo  topics gone triple plat - Number 1 spot x53
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solar eclipse changed the matrix
+6   

 6 days ago '05        #4
BurninLz 
Props total: 12656 12 K  Slaps total: 857 857
The dollar is a melting ice cube. Bitcoin fixes this tho. Would you rather your money:

A. Lose 10-15% of it’s value every year
B. Gain 200% in purchasing power every year

The choice is simple
+14   

 6 days ago '17        #5
DavidTheMan 
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Figured the shipping would come to bite us in the a*s. Rip dollar tree
+2   

 6 days ago '18        #6
BrooklynDamien  topics gone triple plat - Number 1 spot x2
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 BurninLz said
The dollar is a melting ice cube. Bitcoin fixes this tho. Would you rather your money:

A. Lose 10-15% of it’s value every year
B. Gain 200% in purchasing power every year

The choice is simple
How could your money gain 200% purchase power every single year? How would that be possible to maintain?
+17   

 6 days ago '21        #7
GoldenKnight 
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Thought Democrats were for the little guy?


 6 days ago '21        #8
USleepTheyLive 
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Biden's dollar tree
+5   

 6 days ago '07        #9
Rico23  topics gone triple plat - Number 1 spot x1
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+20   

 6 days ago '07        #10
yola  topics gone triple plat - Number 1 spot x63
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In 2019, an activist investor took a stake in the company and pressed the chain to raise prices.
a different activist investor built a stake in Dollar Tree
in case you don't know activist investor is what they call Gordon Geckos now, they used to be called corporate raiders

it's a fu*ked up name

activism is: efforts to promote, impede, direct, or intervene in social, political, economic, or environmental reform with the desire to make changes in society toward a perceived greater good.

but an activist investor is: an individual or group that buys a significant stake in a public company in order to influence how the company is run, such as by obtaining seats on its board of directors.
+7   

 6 days ago '10        #11
Shhon  topics gone triple plat - Number 1 spot x1
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+1   

 6 days ago '04        #12
GUCCI C0ND0MS 
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 Pill Cosby 313 said





We have reached a new era gentlemen
Joe Biden's America
+1   

 6 days ago '14        #13
DavidAames  topics gone triple plat - Number 1 spot x1
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Bullsh*t.

I fu*ks with Dollar tree too lol smh
+5   

 6 days ago '19        #14
Number5  topics gone triple plat - Number 1 spot x2
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I'm gonna shove that quarter up their a*s



+11   

 6 days ago '21        #15
outstanding  topics gone triple plat - Number 1 spot x51
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That Pikachu n*gga must be the sonic weirdo.from.back then
+12   

 6 days ago '05        #16
Tha Boss  topics gone triple plat - Number 1 spot x12
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+6   

 6 days ago '05        #17
BurninLz 
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 BrooklynDamien said
How could your money gain 200% purchase power every single year? How would that be possible to maintain?
Price discovery of the greatest a*set ever created?

Bitcoin's compound annual growth rate is ~ 200% for the last 10+ years

It won't be that way forever, but it is what it is for now




+3   

 6 days ago '21        #18
Dreamcast  topics gone triple plat - Number 1 spot x1
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 Number5 said
I'm gonna shove that quarter up their a*s



lol
+3   

 6 days ago '05        #19
Tha Boss  topics gone triple plat - Number 1 spot x12
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 BurninLz said
Price discovery of the greatest a*set ever created?

Bitcoin's compound annual growth rate is ~ 200% for the last 10+ years








When people say they are mining Bitcoin, what exactly does that mean? Saw an Ig post where dude spent 2 mil on a farm just for mining
+2   

 6 days ago '05        #20
BurninLz 
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 Tha Boss said
When people say they are mining Bitcoin, what exactly does that mean? Saw an Ig post where dude spent 2 mil on a farm just for mining
"Mining" is how the network is secured and how new coins are issued. Think of it like gold mining, the only way to add more gold to the supply is to physically put in the work and go mine it.. making it hard to manipulate the supply (but gold's supply is very manipulated)

. Bitcoin takes this a step further because it has a known fixed supply, and new coins are released on a set schedule.. so it's impossible to inflate or manipulate the supply. The "work" that must be put in is running millions of mathematical calculations to solve problems, and whoever solves the problem gets a reward.. so all network participants are financially incentivized to secure the network. If someone wanted to be malicious and change something on the blockchain, they'd have to spend billions of dollars and undo every bit of work that came before the transaction they want to change.. which is virtually impossible


+4   

 6 days ago '15        #21
edub911 
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Everything changing out here.. These are the end of times man

 6 days ago '19        #22
AdonisH 
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 foshoVoodoo said
solar eclipse changed the matrix
Explain
-1   

 6 days ago '15        #23
He Hate Me 
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Ppl really be shopping at dollar like that to freak out over?

 6 days ago '17        #24
RayDonovan 
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 GUCCI C0ND0MS said
Joe Biden's America
I didnt know Biden was in office in 2019???

Failure to comprehend whats read.... >> trumps america

 6 days ago '09        #25
WiLL 
Props total: 3867 3 K  Slaps total: 110 110
I walked into one of them stores looking for a poster board and was surprised at the stuff they carry these days. Brand name items and random sh*t you wouldn't even expect at a dollar store. Their checkout lines were trash though, worse than Walmart and that's to say the least.
+5   



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