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Five Below blames U.S.-China tariffs for possible price increases | The Philadelphia Inquirer

The discount retailer Five Below is where kids buy things they don’t need but surely want — unicorn-shaped ring holders, glitter cell phone cases, and a poop racing game with a fart button — for $5 or less.

Now Philadelphia-based Five Below, which boasts low prices in its name, is considering charging more money.

The chain’s products are exposed to the increasing tariffs on goods imported from China and executives told analysts Wednesday they are considering price increases on $1 to $4 items, as well as increasing some $5 items to $5.25 or $5.55.

Five Below will test these higher prices in some locations with the expectation that they would roll out across the company’s 789 stores before the end of the summer.

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Five Below blames U.S.-China tariffs for possible price increases.

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