Across the country, cities are frequently populated with dollar-store chains like Dollar Tree, Dollar General and Family Dollar. However, there’s one place these don’t exist: Hawaii, according to Forbes.
Due to Hawaii’s high import costs, the financial loss would be too high to only sell customers items for $1, according to Happily Ever Travels. However, there is one exception to the rule: Aloha Dollar. The Maui-based store, which often caters to the islands’ various tourists, features a wide array of items including snacks, beverages, clothing, sandals, socks, jewelry, office supplies and Hawaiian souvenirs, ranging between $1.25-$10.
The Aloha Dollar’s prices are similar to other larger store chains across the country. In particular, Dollar Tree locations raised prices from $1 to $1.25 by the end of 2022 due to nationwide inflation, as previously reported in Footwear News.
“For 35 years, Dollar Tree has managed through inflationary periods to maintain the everything-for-one-dollar philosophy that distinguished Dollar Tree and made it one of the most successful retail concepts for three decades,” the company said in a statement in its 2022 Q3 earnings release. “The Company believes this is the appropriate time to shift away from the constraints of the $1.00 price point in order to continue offering extreme value to customers.”
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The news of Aloha Dollar and Dollar Tree’s similar pricing comes as similar retailers change their expansion plans this year. In particular, as FN previously reported, Dollar General is investing $100 million into expanding its store wages, standards and customer experiences, based on its 2022 accomplishments — including beginning nearly 3,000 real estate projects, increasing its tractor fleet and opening new distribution centers.
Previously, Dollar General went viral on multiple occasions — including an employee’s TikTok video disputing a $0.50 promotional raise and a $1.6 million fine for violating worker safety in four of its Alabama, Florida and Georgia-based stores in 2022.