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Why Dollar Tree's price hike to $1.25 could be 'one of the worst decisions in retail history'

Dec. 8, 2021, 7:51 a.m.

(CNN) In 1986, three retail veterans opened a chain of stores in the southeast named Only $1.00. They were building upon the concept of a store they had stumbled across called Everything's A Dollar, and thought they could do it better.

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