Five Below is Raising Prices and People Are Freaking Out

When I told JB Love this morning that Five Below is raising their prices, I was not prepared for the meltdown that followed.

I know many will not like this news, but you need to be prepared to bring some extra cash when you stop at Five Below to get stocking stuffers this holiday season.

Here's why according to mystateline.com;

We’ve always done everything possible to absorb cost increases,” the company said in a statement. “Recently, we had to raise prices above $5 on tech items to keep providing the products you love.”

For the toys and games priced up to $10, the company will keep them in a separate area of the store, called “Ten Below Gift Shop.” For electronics, Five Below is adding a section called “Ten Below Tech.”

Don't worry, there is still plenty of merchandise available for $5 and below throughout the store, we're just going to have to keep the kids away from the "expensive" section  when they go in with a handful of allowance money now.

Catch Lil Zim on 'Q98.5 Mornings with Lil Zim and JB' 5:00 a.m. to 10 a.m. Follow her on Twitter, Instagram, and Facebook