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For the first time in nearly 25 years, Little Caesars Pizza is increasing the price of its Hot-N-Ready pies. The pizza, which for years has cost $5 is seeing an 11% price increase and will now cost $5.55.
The restaurant says the pizza is "new and improved" with "33% more pepperoni."
The pizza has been popular for its low price and the ability to go to a store and pick one up without having to order ahead or wait for one to be made.
The new $5.55 is said to be a promotional price, meaning it could go even higher in some locations after the promotional period ends.
Source: CNN Business