Business
Five Under starts selling products for more than $ 5
No longer will the shop, a hunter's dream, sell only items priced at $ 5 and under. 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."
But the name "Five below" is one thing that does not change. The store ̵[ads1]1; known for selling everything from makeup and clothing to sweets – will retain its original name despite the change.
Most of the store's merchandise is still at $ 5 and below, according to the company.