Low-end retailer Dollar Tree on Sunday confirmed it pulled eggs from store shelves as prices for the staple food item remain relatively high.
“The cost of eggs is currently very high,” Dollar Tree spokesperson Randy Guiler told multiple news outlets, adding that eggs will be brought back at the chain’s thousands of stores when “costs are more in line with historical levels.”
Federal Reserve Bank Of St. Louis data has shown that egg prices have sharply increased over the past year. Dollar Tree, meanwhile, sells most of its products for $1.25, although it also sells other items for $3 and $5.
As of February 2023, the price for a dozen eggs averaged $4.21 across U.S. cities, the Fed’s data show. A year before, in February 2022, a dozen eggs cost $2.05….