New York (CNN Business) Dollar Tree for decades has sold most of its products for a dollar. Dollar Tree has tested selling items at $3 and $5 in dedicated "Dollar Tree Plus" sections at hundreds of stores since 2019. Dollar Tree, which also owns the Family Dollar chain, has rolled out a new "combination store" concept that features elements of Dollar Tree and Family Dollar outlets and sells a mix of merchandise. "The Dollar Tree banner is more sensitive to freight cost than others in the industry. Higher prices will help Dollar Tree manage "margin pressure from inflation."

Source: CNN September 29, 2021 18:56 UTC