Title says it all basically. I understand that inflation is at around 7% give or take. But things that used to cost $1 is now at Dollar Tree / Dollar General / Etc for $1.25 meaning their profit margins are even higher now than they were before inflation, no?
I know dollar stores are actually a rip-off and you get less product for your dollar but everyone is meming about “The $1.25 Store” and I’m super curious how this works.
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You know when vending machines increase their prices by increments instead of all in one go. It makes more sense for the store to increase the price by $0.25 instead of 7 cents. This is basically the same way that vending machines increase their price. But it is disingenuous to call your store a dollar store if it isn’t $1. But, I guess a lot of dollar stores don’t only exclusively sell things for $1, so it doesn’t matter much.
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