Thank Trump For Having Dollar Tree Break Their $1 Promise

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Bargain shoppers might be upset with Dollar Tree's next move.

"With its "Everything's a Dollar" model, Dollar Tree has remained one of the most unique, differentiated and defensible brand concepts in all of value retail", Dollar Tree president and CEO Gary Philbin said in a statement.

The discount store said it will be selling alcohol in 1000 of it's stores in an effort to boost sales.

Dollar Tree has already begun testing a selection of products priced higher than $1 with its Dollar Tree Plus! collection.

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It will also re-brand around 200 stores as "Dollar Tree" after the two merged back in 2015.

Several retailers including Walmart Inc, Best Buy, Macy's and Ralph Lauren have also said that rising tariffs could impact their results this year.

The company did not say which Family Dollar stores will carry alcohol or which Dollar Tree locations will sell Dollar Tree Plus! merchandise. These products will be labeled as "Dollar Tree Plus" items, and will be part of a rollout that includes about 100 stores. China retaliated by raising tariffs on $60 billion of US products, including batteries, spinach and coffee. Both have stores throughout CNY and Upstate New York.

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