Dollar Tree has pulled eggs from store shelves over prices skyrocketing, the company said.
Egg prices have increased by as much as 60% in the last year, prompting the popular discount store to pull eggs over not being able to make a profit, Reuters reported. The majority of merchandise at Dollar Tree sits at $1.25, though the store also has other items for $3 and $5.
“Our primary price point at Dollar Tree is $1.25. The cost of eggs is currently very high,” company spokesperson Randy Guiler said, according to the Washington Examiner.
Despite the eggs getting pulled, they will likely return to shelves when “costs are more in line with historical levels.”
Dollar Tree operates about 8,000 locations across the U.S. and Canada.
Consumer egg prices saw a slight dip last month, but still reported a 55% increase in the one-year span from the same month the prior year.
A dozen large Grade A eggs cost an average of $4.21 in February, down from January’s $4.82 average, according to data from the Federal Reserve Bank of St. Louis.
With Easter approaching, prices could increase again.
“Wholesale prices continue to rise, which indicates retail egg prices have not peaked. The teetering flock numbers couldn’t come at a worse time for consumers,” David Anderson, Texas A&M University AgriLife Extension, Bryan-College Station, told the Poultry Times. “The January USDA egg report showed prices were steady to slightly lower than December, but yearly prices for eggs often peaks each spring due to Easter holiday egg hunts and baking.”
Yeah well all the shelves will be empty soon. Biden is out to destroy America and its citizens so he can replace them with his illegal slaves and child labor companies
Going to be a rough ride until Biden is removed and charged for Treason & Genocide and purposely destroying the entire country and world with his kill off America policies being implemented by Obama and Xi Jinping. Democrats are going to be cannibalized and eaten very soon.
Best thing that all the mid size to local stores and do to save our economy and Country is to resist all corrupted fascist Democrat communist collaborating New World Order demonic government controlled stores businesses and chain franchises , trying to purposely starve people to death for easier control and manipulation of their satanic communist take over, start buying all your produce eggs meet at local Dairies time to teach the woke dope elitist communist luciferians a lesson in bankruptcy , all these government collaborated scumbags including all their major confused gender, tranny pedophile indoctrinating , and child predator sympathizing businesses and corporations need to get their money from the demons they support
Always hear about the evil of those “capitalist Republicans” but I notice that Dollar Tree used the excuse of runaway inflation under a Democrat (Biden) to jack up prices by 25%. Consumer Reports magazine had an article just the previous month before the price hike to $1.25 in Dollar Tree Stores about how beneficial Dollar Tree was to the poor because they provide goods at an affordable price. Once again, Democrats told the poor to vote for them to protect themselves, and the poor got screwed by those they voted for. BTW, even through the “great recession” of the Obama years, Dollar Tree managed to keep prices at one dollar. Guess they saw the poor getting screwed every other way by Biden’s disastrous policies and decided to join in the fun this time.
New Zealand eggs a dozen cost $6.74 ($10.73 US) last Dec, up to $11 ($17.62US) a doz, so u got it good in USA.
NZ has had 2 chicken farms burn down recently, so the crap is starting here also, getting rid of our food sources, so we become reliant on govt food,