Five Under Price Change for the First Time in 17 Years

Five below, a popular store focusing on products for $ 5 and under, is undergoing a huge change: The price tag goes up for the first time in 17 years.

No longer will the store, a price-hunter's dream, no longer sell only items priced at $ 5 and below. Now the store will raise prices for certain items – including tech products and certain toys and games.

"We have always done everything possible to absorb cost increases," the company said in a statement. "Recently, we had to raise prices above $ 5 on technical goods to continue to deliver the products you love."

For the toys and games priced up to $ 10, the company will store them in a separate area of ​​the store, called "Ten Below Gift Shop." For electronics, Five below adds a section called "Ten below Tech." [1

9659002] But the name "Five below" is one thing that doesn't change, and the store – known for selling everything from makeup and clothes to sweets – retains its original name despite the change.

Most of the store's goods are still on $ 5 and under, according to the company.