Well, Dollar Tree went from 1.25 to 1.50 in Canada.
Dollarama to hike prices to $5
- Last Updated:
- Dec 13th, 2022 10:35 am
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- SCORE+5
- kimmelite
- Deal Addict
- Jul 24, 2019
- 1145 posts
- 1884 upvotes
- Canada
- jacnel
- Deal Addict
- Dec 3, 2017
- 3175 posts
- 3128 upvotes
- Toronto
It’s not just Dollarama increasing prices. Dollar Tree is going to increase the price on all their items to $1.50 each this April.
- carmaster
- Deal Expert
- Jun 30, 2006
- 21132 posts
- 9788 upvotes
- Toronto
Still most items under $1.50 is not much of an increase. A 20% increase, whereas Dollarama is closer to 25% on top of the increases across most products from 2 to 3 and 2 to 3.50.
- tew
- Deal Fanatic
- Jun 13, 2010
- 8553 posts
- 11762 upvotes
- GTA
This is exactly what they will do. The other items will increase as well. I bet the $1.50 items will be $2.danron1376 wrote: ↑ As long as this means that they will be selling stuff worth 5$ instead of just making the 4$ items now cost 5$.
- jacnel
- Deal Addict
- Dec 3, 2017
- 3175 posts
- 3128 upvotes
- Toronto
That's true. And Dollar Tree has had their $1.25 price point for over 10 years now (since 2008). Unfortunately, inflation was going to lead to an eventual price increase.
- peli33
- Deal Addict
- Jan 29, 2017
- 3872 posts
- 2505 upvotes
4 dollars items were introduced in 2015. Compounded inflation since certainly justify a price hike.
- smartie
- Deal Expert
- Dec 5, 2006
- 16787 posts
- 12571 upvotes
- Markham
4 dollars is just ceiling and you have to look at average sale price
For example, in 2015 when they introduced 4 dollars, might be average sale price is 1.9 dollars(just throw numbers there), now average price is 3.5 dollars , that's still a price increase even without new 5 dollars cap
- Dhanushan
- Deal Expert
- Jun 20, 2020
- 20144 posts
- 29043 upvotes
- Toronto
Aired on CBC The National
Dollarama will hike some prices to $5, another sign of rising costs
Amid record profits, Canadian discount retailer Dollarama has announced it will soon begin selling some products for $5. It’s the latest example of rising costs for Canadians — a trend that’s worrying anti-poverty advocates.
Dollarama will hike some prices to $5, another sign of rising costs
Amid record profits, Canadian discount retailer Dollarama has announced it will soon begin selling some products for $5. It’s the latest example of rising costs for Canadians — a trend that’s worrying anti-poverty advocates.
Destiny is all
- CanadianConsumerYEG
- Deal Addict
- Aug 30, 2020
- 3374 posts
- 6366 upvotes
- YEG/YYZ
Guess I'll support an American company like Dollar Tree instead
- trystee
- Deal Addict
- Aug 11, 2011
- 4193 posts
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- >er YEG pi-r-sq'd
Hehe, I prefer Cinco-rama™
- playnicee1
- Deal Expert
- Feb 9, 2012
- 21709 posts
- 9002 upvotes
- Toronto
I don't necessarily believe that $4 items are going to automatically become $5 items.
I think the store is simply looking for a way to raise the price to $4.25-$4.75 on many $4 items that keep costing them more.
I look forward to seeing their idea of what a $5 item will now be.
Hopefully that $4 pillow they sell can stay $4, but I'm not holding my breath.
(To guess what might jump from $4 to $5 first, it just might be the pillow...)
If it ain't broke, don't fix it!
- Kenneth
- Deal Addict
- Dec 2, 2002
- 1737 posts
- 565 upvotes
Might as well bring Five and Below to Canada.
- ozzie16
- Deal Addict
- Oct 27, 2012
- 3063 posts
- 4997 upvotes
- Toronto
More like 5yuanrama.death_hawk wrote: ↑ Running joke around here was 4Dollarama. Apparently now it's 5Dollarama.
- jcamldn
- Deal Addict
- Apr 7, 2020
- 2662 posts
- 9057 upvotes
hopefully the new $5 cap leads to some cool new items showing up and not just the same stuff but priced higher
- callernamet
- Deal Fanatic
- Mar 10, 2018
- 6324 posts
- 2513 upvotes
- does it matter?
lol. even if almost all items sold at Dollar Tree ARE made in China?CanadianConsumerYEG wrote: ↑ Guess I'll support an American company like Dollar Tree instead
agree.
"Laws for thee but not for me!" I will keep on jet-setting around the world. Spend as much as I can and enjoy vacations Free at Friends estate. Do as I do not as I say. I used to pay for my vacation until I met my hero.
- bylo
- Deal Expert
- Jan 7, 2002
- 29710 posts
- 29128 upvotes
- Waterloo, ON
That's certainly what happened when they raised their cap to $4 a few years ago.
I have no problem with raising the cap even further as long as it means new stuff that sells for far more elsewhere.
veni, vidi, Visa
- LetsMakeADeal2013
- Deal Addict
- Nov 22, 2013
- 2367 posts
- 1448 upvotes
- Sarnia
You just speak with your wallet. If you do and they take a hit they will notice. Simple as that.
- playnicee1
- Deal Expert
- Feb 9, 2012
- 21709 posts
- 9002 upvotes
- Toronto
A $10 cap was supposed to happen (a competing store) with the return of Bi Way stores, but then, sadly, the founder passed away.
It's too bad too, because I was looking forward to that store opening up!
Nothing over $10 ever:
https://www.facebook.com/biway10store/
Location in Toronto, Ontario:
https://www.google.com/search?q=biway%2 ... Srlrw1o;mv:[[43.725457399999996,-79.4616515],[43.5937079,-79.50842209999999]];tbs:lrf:!1m4!1u3!2m2!3m1!1e1!1m4!1u2!2m2!2m1!1e1!2m1!1e2!2m1!1e3!3sIAE,lf:1,lf_ui:10
If that were to have happened, Toronto would have had Dollar Tree stores, ($1.50 max at most locations) Dollarama stores (soon to be $5 max)
and
a Bi Way $10 max store.
If it ain't broke, don't fix it!
- lecale
- Deal Guru
- Nov 15, 2008
- 12993 posts
- 8360 upvotes
lol they had $10 flat-pack furniture that wasn't any better than pressed cardboard.playnicee1 wrote: ↑ A $10 cap was supposed to happen (a competing store) with the return of Bi Way stores, but then, sadly, the founder passed away.
It's too bad too, because I was looking forward to that store opening up!
Nothing over $10 ever:
https://www.facebook.com/biway10store/
Location in Toronto, Ontario:
https://www.google.com/search?q=biway%2 ... Srlrw1o;mv:[[43.725457399999996,-79.4616515],[43.5937079,-79.50842209999999]];tbs:lrf:!1m4!1u3!2m2!3m1!1e1!1m4!1u2!2m2!2m1!1e1!2m1!1e2!2m1!1e3!3sIAE,lf:1,lf_ui:10
If that were to have happened, Toronto would have had Dollar Tree stores, ($1.50 max at most locations) Dollarama stores (soon to be $5 max)
and
a Bi Way $10 max store.
But once you are at $10, the possibilities are endless!
- bluebellrose
- Deal Addict
- Feb 10, 2013
- 4782 posts
- 1327 upvotes
- Richmond
Hurry up and expand daiso.
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