You can be on Entrepreneur’s cover!

A Discount Retailer Is Ripping This Item From Shelves Because It's Become Too Egg-Spensive Though the price of eggs has started declining in recent weeks, the breakfast staple is still too expensive for Dollar Tree.

By Emily Rella

entrepreneur daily
Getty Images
The price of eggs dropped 6.7% in February.

In not so egg-cellent news, sky-high egg prices are forcing one popular discount retailer to begin removing the breakfast staple from its shelves.

A spokesperson for Dollar Tree told Reuters that it would be pausing the sale of eggs in all of its stores as prices have become too expensive.

Dollar Tree made waves in late 2021 when it raised its namesake $1 price point across all items to $1.25, sending customers into a fury. The spokesperson said the chain does not anticipate having eggs back on store shelves until later this fall, depending on inflation and price regulation.

Related: Egg Prices Dropped 6.7% From January to February

Egg prices began to shoot up at the end of 2022, with data from the Consumer Price Index showing that prices jumped an average of 11.1% in the U.S. in December.

The record-high prices, brought on by increased labor costs and volatile inflation, were also related to avian flu outbreaks that affected and killed over 49 million birds across 46 U.S. states.

Fortunately, data from the CPI released last Tuesday shows that the price of eggs decreased by around 6.7% in February.

Dollar Tree has over 8,000 stores across the U.S. and Canada, including shops using the name, Family Dollar.

Dollar Tree was down just under 9.5% in a one-year period as of Monday morning.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

From Tom Brady to Kevin O'Leary – See Who Lost Big in the Wake of the FTX Crypto Collapse

The crash exposed an $8 billion hole in FTX's accounts, leaving investors and customers scrambling to recoup their funds.

Business News

Mark Zuckerberg Says This CEO Is the 'Taylor Swift' of Tech

Meta's CEO posed with Nvidia CEO Jensen Huang on Instagram Wednesday.

Business News

This Highly-Debated Piece of Cinematic History Just Sold For Over $700,000 at Auction

The wood panel from "Titanic" is often mistaken as a door. Either way, he couldn't have fit. (Sorry.)

Money & Finance

5 Simple Wealth-Building Tips For This Generation's Forward-Thinkers

Explore practical finance tips for young professionals striving to overcome economic challenges.

Leadership

What We Have to Gain By Talking About Grief and Loss At Work

I lost my husband to cancer during Covid — here's how it changed how I lead at work.