Inflation has hit the United States hard, with a shocking 4.2 percent rate in July, the highest in decades. This economic pressure has forced businesses, incIuding Dollar Tree, known for selling items at $1, to make significant adjustments.
Dollar Tree faced a decline in stock prices, dropping nearly seventeen percent in one trading session, as it grappled with rising shipping costs and the need to combat inflation.
Dollar Tree’s decision to sell items for more than a dollar came after investors saw a hit of $1.50 to $1.60 per share of profits, a substantiaI blow for a retailer focused on the one-dollar price point.
The company cited the economic challenges posed by inflation and the pandemic as reasons for the pricing adjustments.
CEO Michael Witynski acknowledged the shift in a prepared statement, stating, For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for vaIue at one dollar – and we remain committed to that core proposition – but many are telling us that they also want a broader product assortment when they come to shop.
Despite the drop in stock prices, Dollar Tree emphasized its commitment to providing value to customers.
Witynski stated, We will continue to be fierceIy protective of that promise, regardless of the price point, whether it is $1.00, $1.25, $1.50.
The announcement sparked mixed reactions among customers, with concerns about the impact of the price change on the store’s appeaI. While the stock prices have shown signs of recovery, the decision to sell items for more than a dollar raises questions about whether customers will continue to shop at Dollar Tree.
In a market where consumer goods are becoming more expensive due to increased shipping costs and inflation, retaiIers face the challenging task of balancing prices to remain competitive and meet customer expectations.
Whether Dollar Tree can navigate these economic challenges while retaining its customer base remains to be seen.
Amber, 24, is obsessed with tattoos and has covered her whole body in ink
One of the biggest benefits of being an adult is that you can do whatever you want (of course, as long as you are within the boundaries of the law). You can wear whatever you desire and look however you please.
Amber Luke is a girl that took her individuality to the next level, without caring one bit about what others think of her.
This Australian 24-year-old aims to cover her entire body with tattoos before turning 25. And now she is one step closer to her goal – as she has covered her breasts with ink, reports the Daily Star.
Amber’s journey to cover herself with tattoos started when she was 16. Her fascination with ink was something that would change her entire life.
Over the years, Amber has got tattoos all over her body.
She has really done everything in her power to get as much ink in her as possible. She has covered most of her body with tattoos.
It has not been a smooth process, last year when she tattooed her eyes, things almost ended terribly.
“Unfortunately, my artist went too deep into my eyeball. I was blind for three weeks. That was pretty brutal”.
The alternative model has also opened up about the fact that she has been struggling with mental illness. She is currently training to be a counsellor – she hope she can help others with similar problems in the future.
“Society is so full of hatred and invalid opinions of you and what you look like… You wouldn’t bother to ask what I do with my life – I’m studying a diploma of counselling just to be able to assist people’s mental illnesses,” Amber told Daily Star.
Now on her breasts
The latest step in Amber’s quest to be completely covered in tattoos was doing it on her breasts.
“Completed tiddies,” Amber wrote to her 64,600 Instagram followers while proudly displaying the result.
Amber Luke before pictures
Next in her list are her thighs. But Amber is already thinking of tattooing her entire left arm black.
But of course, Amber has not always been covered in ink.
Just a few days ago, she shared a photo from her past life that revealed how she looked like a blonde.
The picture, taken 5 years ago, really shows what an incredible transformation she has undergone!
”5 years difference. Let me tell you something… at 20 years old I got a ‘floating neck’ tattoo. I had no facial or hand or chest tattoos. Just a big throat piece. I was given so much shit and hate for my actions. I decided at 20 to say ‘fuck ya’ll, I’m getting what I want too’ and I went for it,” she wrote.
Here at Newsner, we don’t just write about heartwarming and trending stories. We also follow people who live their lives differently, and it is our opinion that everyone deserves the same respect no matter how they choose to live their lives!
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