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, Fox News 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.
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