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Dollar Tree raises prices for more items above $1

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Dollar Tree is raising prices for more of its items above $1.

Company officials cited rising shipping costs that would result in a hit of $1.50 to $1.60 to its per-share profits this year.

The company already had begun testing higher prices for several hundred of its roughly 8,000 locations in a section of the stores called Dollar Tree Plus.

Read more from The Associated Press.

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