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Dollar Tree

Dollar Tree

mentioned in 1 posts

Scorecard

Scorecard Average: 50

Cost Shifting

Uncertain

Based on 0 votes

50.00%0 votes for "Worsened" or "Greatly Worsened"

Free Market Economy

Uncertain

Based on 0 votes

50.00%0 votes for "Worsened" or "Greatly Worsened"

Scapegoating

Uncertain

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50.00%0 votes for "Worsened" or "Greatly Worsened"


Mentioned in 1 posts

David K. Li

David K. Li

NBC News

Tuesday, Nov 23, 2021

Dollar Tree raises price point to $1.25, citing inflation

  • Warren Gunnels, a Facebook user, highlights that Dollar Tree earned $1,230,000,000 in profits this year. However, the company pays its workers as little as $8.32 per hour and gave its CEO $10,757,883. As a result, more than 7,400 Dollar Tree employees have to depend on food stamps and Medicaid, which are subsidized by U.S. taxpayers.
  • The company is not raising prices due to inflation, but because they have pricing power.
  • It can be argued that the recent price increase is reasonable and fair, in accordance with the principles of a competitive market.

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