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.