The first time Dollar Tree lifted its price threshold was in 2019, when the company introduced items priced at $1.25. The company made the price its standard just two years later as a part of the ...

Despite the name, Dollar Tree actually raised its starting price to $1.25 in 2021, and last year, started selling some things for $3 and $5.

Dollar Tree, the parent company of Family Dollar, revealed on Wednesday plans to close 600 Family Dollar stores within the first half of the year as part of its portfolio optimization strategy.

Dollar Tree is selling more items well over $1.25. That's helping offset the costs of tariffs, executives said.

Dollar Tree is adding ice cream bars, waffles, and other frozen foods that cost up to $5 to its stores as the store moves away from its $1.25 price. Business Insider Subscribe Newsletters ...