About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

Dollar Tree Announces Price Increases, Sparks Anger Among Customers

The move has left customers fuming, with many flocking to social media platforms to voice their concerns.
Cover Image Source: TikTok | @lexicharlise
Cover Image Source: TikTok | @lexicharlise

Dollar Tree, renowned for its budget-friendly offerings, has once again made headlines with its decision to increase prices on certain store items. The move has left customers fuming, with many expressing frustration over what they perceive as a departure from the store's affordability ethos. One user, Charlise @lexicharlise, took to social media to voice her discontent, posting a video that quickly went viral, amassing over 3 million views. In the caption, she humorously quipped, "They lowkey called us broke but who they think finna shop there now?? Kylie Jenner??"

Snapshots from the video. Image Source: TikTok|@lexicharlise
 Image Source: TikTok | @lexicharlise

In the video, Charlise cheekily questioned the rationale behind Dollar Tree's decision to raise prices from $1 to $7 for certain items. The shift from budget-friendly to higher-priced items has left many scratching their heads and reconsidering their shopping preferences.

"They said their target audience has a higher income. Okay, change the name. Wealthy Tree. Fortune Tree. Rich Tree. Bankroll tree. Moolah Tree. But baby, take the dollar off or just call it tree, period," she added.

During a recent quarterly earnings call, Dollar Tree's chairman and CEO, Rick Dreiling, made a significant announcement regarding the company's future plans. Dreiling stated, "As we look forward in 2024, we are accelerating our multi-price rollout at Dollar Tree and taking decisive action to improve profitability and unlock value at Family Dollar."

The announcement has left many customers disheartened, as Dollar Tree has long been synonymous with offering quality products at affordable prices. The decision to implement higher prices has sparked outrage among customers, who feel that the store is deviating from its core value proposition.

In response to the changes, many customers are expressing their frustration and considering alternative shopping destinations such as Walmart, Target, and other stores.

Snapshots from the video. Image Source: TikTok|@lexicharlise
Image Source: TikTok | @lexicharlise

In response to the video, viewers expressed their emotions and shared how this change has been impacting them. @J O R D A N commented, "I’m broke that’s why I’m at the dollar tree." @crvnchytaco wrote, "If imma spend $7 at Dollar Tree I might as well get name brand." "I remember when I was a teenager thinking how helpful Dollar Tree will be when I move out and live on my own," said @Tandyydnat.

@reprobateroadtrip shared, "This is hilarious because my husband, who grew up rich, had never stepped foot in a Dollar tree, and me, who grew up broke, practically lived in the Dollar tree." @thatonecna1991 commented, "Our Dollar Tree is closing and half off. Think we are too poor to have one in our town."

Screenshot of a comment under the video. Image Source: TikTok|@lexicharlise
 Image Source: TikTok | @lexicharlise

@Dezzz C expressed, "I can tell you right now NO ONE OVER HERE WHERE I'M AT has a higher income and goes to Dollar Tree! We go there 'cause it's cheap and I have bills SO wyd Dollar Tree."

@oracle chimed in, saying, "At this point, you need an actual Dollar Tree to even go to Dollar Tree." "It’s only a few things that are going to go up to seven dollars. Everything else that normally is $1.25 will still be $1.25," @Lottie remarked. "My mom went to the Dollar Tree because we needed food and she was upset that everything was as expensive as going to a grocery store," @Percy stated.


they lowkey called us broke but who they think finna shop there now?? kylie jenner??

♬ original sound - charlise 🫧


For more such content you can follow Charlise (@lexicharlise) on TikTok.