Activist wants Dollar Tree to sell stuff for more than $1

Activist wants Dollar Tree to sell stuff for more than $1

(WFLA/CNN Newsource) – Have you at any point considered how the Dollar Tree is as yet ready to keep selling everything in its stores for only a single dollar after all these years?

As per one activist investor, this is on the grounds that the store has brought down the estimation of the products it sells.

When you think about it, they sort of have to in order to keep up with inflation.

A dollar’s worth of merchandise in 1986 would cost you roughly $2.30 today.

That is as indicated by Starboard Value Hedge Fund CEO Jeffrey Smith.

He says it’s the ideal opportunity for Dollar Tree to raise its costs.

Starboard Value as of late took a 1.7 percent stake in the bargain retailer and needs to work with Dollar Tree on its estimating procedure.

Dollar Tree responded politely to the suggestions, but it appears likely to push back on any proposed changes.

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