O Christmas tree, O Christmas tree, why are you becoming more and more expensive? In today's world, this is a common phrase that many consumers are repeating. For many people buying a Christmas tree is a way to brighten up their homes with the festive Christmas Spirit. However, in recent years the demand for fairly inexpensive and reasonable priced trees has become nearly nonexistent. A report from last year showed that 24.5 million trees were bought, compared to 30.8 million trees in 2011. The average cost a consumer spent last year on a tree was $40.30. As a way to compete with the incredibly high demands, department stores are increasing the prices of trees to staggering costs. For a 7-8 foot Frasier fur located at Sears, Target, and Home Depot the average cost is a whopping $135. To make the prices seem a little less Scrooge-like, Target and Sears are knocking 25% off the original tree costs.
http://www.cnbc.com/id/101269778
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