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Five Below May Become $5 and Above as it Looks to Price Increases to Mitigate Tariff Impact

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

While most items will still be $5 and below at Five Below Inc., the extreme value retailer said it sees the need to raise prices on select items to help mitigate the impact on profits thanks to higher tariffs on goods from China. Some retailers and vendors have been able to find ways to mitigate…

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