InfIation has hit the United States hard, with a shocking 4.2 percent rate in July, the highest in decades. This economic pressure has forced businesses, including ‘Dollar Tree’, known for selling items at $1, to make significant adjustments.
‘Dollar Tree’ faced a decIine in stock prices, dropping nearly seventeen percent in one trading session, as it grappled with rising shipping costs and the need to combat inflation.
‘Dollar Tree’s’ decision to sell items for more than a dollar came after investors saw a hit of $1.50 to $1.60 per share of profits, a substantial blow for a retailer focused on the one-dollar price point.
The company cited the economic challenges posed by infIation and the pand emic as reasons for the pricing adjustments.
CEO Michael Witynski acknowledged the shift in a prepared statement, stating, For decades, our customers have enjoyed the ‘thrill-of-the-hunt’ for value at one dollar – and we remain committed to that core proposition – but many are telling us that they aIso want a broader product assortment when they come to shop.
Despite the drop in stock prices, Dollar Tree emphasized its commitment to providing value to customers. Witynski stated, We will continue to be fiercely protective of that promise, regardless of the price point, whether it is $1.00, $1.25, $1.50. The announcement sparked mixed reactions among customers, with concerns about the impact of the price change on the store’s appeal. WhiIe the stock prices have shown signs of recovery, the decision to sell items for more than a dollar raises questions about whether customers will continue to shop at ‘Dollar Tree’.
Hugh Jackman and Deborra-Lee Separate After 27 Years of Marriage and the Reason Is Unexpected
One of Hollywood’s longest lasting couples, Hugh Jackman, 54, and Deborra-Lee Jackman, 67, shocked audiences when they shared the news that they are going their separate ways. The duo, who share 2 children, have been together for half their lives and the reason for their soon-to-come divorce has been revealed, and it’s nothing like what people expected.
Hugh and Deborra-Lee met in 1995.
Hugh Jackman and Deborra-Lee Furness met on the set of the Australian TV series Correlli in 1995, on the first day of the actor’s first job after drama school.
“She was a big star. Everyone loved Deb. I get picked up by the car and Deb is in the front seat of the car. I get in the backseat. She had sunglasses on, she took off her seatbelt, turned around and said ‘Hi, I’m Deborra-Lee Furness, nice to meet you.’ and I remember thinking, ‘I like this girl’.”
6 weeks into filming, Jackman noticed a man courting Deborra-Lee, and he thought “that man has a crush on her”. That’s when he realized he was actually jealous of the man, and he had a crush on her himself. A few days later, after not talking to her for one week, he confessed his feelings and to his surprise, she reciprocated; she told him she was also crushing on him and that’s how their love story began.
After 11 months of dating, Hugh and Deborra-Lee tied the knot.
Over the following years, the couple struggled with infertility and experienced many failed IVF attempts and sadly, multiple miscarriages, all of which were “particularly difficult on Deb,” Jackman shared. Becoming parents was always their plan, Jackman shared, “We thought we’d have a kid or two biologically and then adopt. But when we decided we’d had enough of IVF, we went ahead with adoption.”
In 2000, they adopted their eldest son, Oscar, now 23 years old, and their daughter Ava, in 2005, who recently turned 18.
Hugh Jackman and Deborra-Lee had a happy life together.
The two never missed a moment to show each other and the world how much they mean to each other. Every single year Jackman honored his wife by publicly sharing how much he loves her and fans always admired and gushed over the outpour of love.
In April 2023, on their 27th and last wedding anniversary, Jackman shared a loving tribute to his wife, stating, “27 YEARS! I love you so much, and together we have created a beautiful family. And life. Your laughter, your spirit, generosity, humor, cheekiness, courage, loyalty is an incredible gift to me. I love you with all my heart.”
Just a few months later, one of Hollywood’s most loved duos announced their separation.
In a joint statement, Hugh Jackman and Deborra-Lee announced, “We have been blessed to share almost 3 decades together as husband and wife in a wonderful, loving marriage. Our journey now is shifting, and we have decided to separate to pursue our individual growth.
Our family has been and always will be our highest priority. We undertake this next chapter with gratitude, love, and kindness. We greatly appreciate your understanding in respecting our privacy as our family navigates this transition in all of our lives.”
2023 brought many Hollywood couples to a stop, with many celebrities divorcing after years spent together. Another recent divorce was Joe Jonas and Sophie Turner’s and their reason, although different than the ex-Jackmans’, is equally devastating.
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