Dollar Tree sticks to $1 price point as inflation rises
July 12, 2021
Dollar Tree sells the vast majority of goods in its stores for $1 or less and the chain is continuing its focus on store brands and seeking to reduce packaging and other costs to avoid having to raise prices in an inflationary environment.
Recent News
AI Has Mastered the Art of Deception
AI, celebrated for its productivity-boosting capabilities, harbors a deceptive side as revealed by recent research. This unsettling finding underscores the need for heightened awareness and regulatory measures to address the risks posed by AI’s ability to induce false beliefs.
Chinese EVs Navigate Global Markets Amid Rising Trade Tensions
China’s electric vehicle (EV) sector is making strategic moves into offshore markets for increased funding, exemplified by the recent success of Zeekr, a premium EV brand under Geely, which saw its shares surge 34% in the largest US IPO by a Chinese company since 2021.
History and Special Promotions of Mother’s Day
Mother’s Day, is celebrated across the globe, with its current roots tracing back to the United States, where it is observed on the second Sunday in May. In the Middle Ages, people return to visit their original home parishes and their mothers on Laetare Sunday, the fourth Sunday of Lent. This tradition evolved into Mothering Sunday in Britain, but has been largely supplanted by the American-style of Mother’s Day.
Planet Fitness Raises Monthly Fee After 26 Years
Planet Fitness, renowned for its budget-friendly $10-a-month membership plan, is embarking on a significant shift by increasing its basic fee for the first time in over two decades. The “classic” membership, allowing access to a single location, will undergo a 50% hike to $15 for new members commencing this summer.