Well, I visited another Dollar Tree near me and they have repriced everything with the “$1.25” shelf tags. For some reason, I recall seeing it was to take effect this past Tuesday but too lazy to search.
I did just receive an email from Big Lots indicating they are pushing their “Onederland of deals” where everything is $1.00 except a couple of items on the link were $1.09 and $1.39. Close enough for Big Lots!