Nov 27, 2019
Tariffs are making it harder for Dollar Tree to sell stuff for a buck
Discount retailers are vulnerable to tariffs, especially when keeping prices at $1 is a business model and a brand.
A Dollar Tree store in Miami.
Joe Raedle/Getty Images
Discount retailer Dollar Tree reported earnings on Tuesday and said U.S.-China trade tensions are hitting its bottom line. Dollar Tree said tariffs will cost the company an extra $19 million next quarter if the Trump administration’s latest round of import taxes goes into effect. It’s a tricky situation for a company whose rock-bottom prices are its brand.
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