They have done their best to absorb increasing cost of some items but 5 Below has announced they will be increasing the cost of certain items for the first time in 17 years. The good news is that it's not every item, mostly the tech items and some toys.

CNN says for the toys and games priced up to $10, they will have a separate section of the store, called "Ten Below Gift Shop." For electronics, Five Below is adding a section called "Ten Below Tech." Which means ten dollars is the highest they'll go.

They also announced they will NOT be changing the name of the store due to these changes.