I opened Tariffs from the U.S.-China trade war are likely to accelerate the Retail Apocalypse by noting the effects of tariffs on prices at Dollar Tree, the parent company of Family Dollar.
I mentioned in Retail Archeology looks at Family Dollar, a tale of the Retail Apocalypse that "Dollar Tree could get into even more trouble because of the U.S.-China...trade war."KHOU in Honolulu reported today that has indeed started to happen. Watch Connect the Dots: Rising tariffs means rising prices at Dollar Tree.
Shopping at Dollar Tree may not cost you just a dollar for long. The chain is about to pass-on a price hike to shoppers. Lauren Talarico connects the dots.I wrote that tariffs on Chinese goods will cause inflation, in particular increasing inflation by 0.25%. The price increases at Dollar Tree are a foreseeable effect of the tariffs.
Now I'm done for May. See you all in June, which is only a few hours away.
Maybe they can change the name to Yuanner Tree! Because that rolls off the tongue better than "Dollar-and-a-Quarter Tree."ReplyDelete
LOL. Yeah, but I don't think most Americans would get the joke; they don't know the Yuan is the PRC currency.Delete