Dollar Tree breaks the $1 barrier as costs take a bite

CHESAPEAKE, Va. (AP) — Dollar Tree embedded in its very name what it stands for: Behind these doors, everything can be had for just $1. The mantra to which the Chesapeake, Virginia, company has held true for decades will now be only mostly true. After expanding nationwide from only a handful of stores in Georgia, Tennessee and Virginia, Dollar Tree is breaking the mold and will sell items in some locations that exceed the tantalizing $1 grab-n-go price. The cost of clothes, cars, food and just about everything else has soared this year as the global economy emerges from a pandemic uppercut and Dollar Tree has not been untouched. Last month the retail chain said that rising shipping costs would take a bite of $1.50 to $1.60 out of its …

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