Dollar Tree – which advertises a primary price point to $1.25 for most of its products, as well as some $3 and $5 items – said that it currently can not afford to sell eggs at these prices. Dollar Tree stops selling eggs due to persistent high prices:
, impacting how much retailers pay when buying products from manufacturers, slowed significantly last month.
From January to February, the government’s producer price index fell 0.1% – in contrast to a 0.3% rise from December to January. Compared with a year ago, wholesale prices rose 4.6%, a big drop from the 5.7% annual increase in January. A leading driver of February's wholesale inflation slowdown was a huge drop in the wholesale prices of eggs, which fell 36.1% in February.Sign up for our trending newsletter to get the latest news of the day.Meanwhile, consumer prices increased 6% from a year earlier, down from 6.4% in January and a 40-year high of 9.1% in June, according to the Labor Department’s consumer price index. Grocery prices overall are still climbing higher but more slowly – rising by 0.3% from January and 10.
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Dollar Tree can't afford to sell eggs anymore | CNN BusinessEggs have gotten too expensive for Dollar Tree.
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Dollar Tree can't afford to sell eggs anymoreDollar Tree, which sells most products for $1.25 and a small selection of items for $3 or $5, will stop selling eggs at stores because the company can't make money offering them at flat prices.
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Dollar Tree can't afford to sell eggs anymoreDollar Tree, which sells most products for $1.25 and a small selection of items for $3 or $5, will stop selling eggs at stores because the company can't make money offering them at flat prices.
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Dollar Tree can't afford to sell eggs anymoreDollar Tree, which sells most products for $1.25 and a small selection of items for $3 or $5, will stop selling eggs at stores because the company can't make money offering them at flat prices.
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Dollar Tree pausing the sale of eggs at stores.DollarTree has temporarily given up on selling eggs at its stores due to rising egg prices caused by supply chain issues and avian flu. Retail prices are still up 55% over a year ago, according to the consumer price index.
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Dollar Tree can't afford to sell eggs anymoreDollar Tree, which sells most products for $1.25 and a small selection of items for $3 or $5, will stop selling eggs at stores because the company can't make money offering them at flat prices.
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