Five Below Raising Prices
It's always a bit of a gamble when your store's name is subject to inflation. For 17 years, Five Below has been named such because everything within their store is priced at $5 or below. Get it. It's pretty clever. But with the cost of items going up, the company has finally had to raise their prices. According to an article on WILX.com, the company released a statement saying, quote:
We've always done everything possible to absorb cost increases. Recently, we had to raise prices above five dollars on tech items to keep providing the products you love.
The items priced between $5 and $10 will be relegated to separate sections of the stores, called "Ten Below Gift Shop" and "Ten Below Tech." But don't fret. Most of the items in the store will remain priced at $5 or below, so it's still your one-stop stocking filling shop.