Eggs have gotten too expensive for Dollar Tree. Dollar Tree, which sells most products for $1.25 and a small selection of items for $3 or $5, will stop selling eggs at stores because the company can’t make money offering them at flat prices.
Egg prices have surged, fueled by short supply caused by the deadly avian flu, high production costs and egg producers increasing their own profits.
Egg costs jumped 38% for producers annually in February and 55% for shoppers, although eggs are beginning to get cheaper. The average price for a dozen Grade A large eggs was $4.21 in February, according to data from the Bureau of Labor Statistics.
Company spokesperson Randy Guiler runs one of the 9,000 Dollar Trees across the country, and says the franchise can’t keep up and can’t be flexible with their pricing like others competitors. “Our primary price point at Dollar Tree is $1.25. The cost of eggs is currently very high.”
According to a study by Tufts University, dollar stores are the fastest-growing food retailers in America.
Here is an ABC News clip explaining the recent decision:
ABC: “Dollar Tree says it will stop selling eggs because they’re too expensive,” as Biden’s inflation crisis continues to drive prices higher and higher. pic.twitter.com/YqjM1IX2Yc
— RNC Research (@RNCResearch) March 20, 2023
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