4.6 • 4.9K Ratings
🗓️ 9 April 2025
⏱️ 27 minutes
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0:00.0 | It's great to have you here on the Clark Howard Show. |
0:07.6 | You know, our mission is to serve you with advice and information that empowers you |
0:12.5 | so you make better financial decisions in your life. |
0:16.9 | In today's episode, gosh, I'm trying to come up with a new name for $1.25 tree. |
0:23.2 | Used to be known as Dollar Tree because things are changing again. |
0:29.0 | Also, the summer travel seasons upon us. |
0:32.9 | So for most of us, that means we hit the road. |
0:35.6 | And I want to lay out what's going on at the gas pump. |
0:39.4 | So it's getting easier and easier for you to get better and better prices on gasoline. |
0:45.7 | Whatever the price average is on a gallon, it's much easier than it used to be for you to pay less |
0:53.3 | than that average. the market has changed so |
0:57.0 | much to your advantage. So the dollar tree changes are not to your advantage. Dollar Tree |
1:04.2 | forever was everything was a dollar. And then inflation during COVID led to them breaking the buck and going to a buck 25. |
1:19.1 | And Dollar Tree has always had, what's known, very high margins. |
1:25.6 | You may be buying things for $1.25, but they have a big markup, much bigger than a lot of other |
1:32.9 | retailers because they source the stuff and so much of it is private label. |
1:38.2 | But now because of the combination of inflation and tariffs, Dollar Tree has been experimenting with running their stores |
1:48.2 | different ways. |
1:49.1 | And they've been trying in different neighborhoods, different pricing systems, and different |
1:54.8 | merchandise mixes. |
1:56.6 | Now they are going to a system that is going to be from $1.25 to right now a cap of $7. |
2:07.4 | So when you walk in a dollar tree, no longer can you just put something in those little carry-around baskets is what most people use. |
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