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Dollar Tree CEO Warns of Tight Holiday Finances Amid Tariffs and Inflation

Dollar Tree CEO Warns of Tight Holiday Finances Amid Tariffs and Inflation

Published:
2025-09-03 23:22:01
20
3
BTCCSquare news:

Dollar Tree CEO Michael Creedon Jr. anticipates financial strain for American consumers this holiday season, citing persistent inflation and upcoming tariffs. Higher-income households are increasingly 'trading down' to discount retailers, signaling broader economic caution.

PwC research supports this outlook, projecting a 5% decline in average holiday spending to $1,552 per shopper. Gen Z plans the sharpest cuts at over 20%, with gift budgets shrinking 11% across demographics. The trend reflects mounting pressure on discretionary spending after years of price hikes.

|Square

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