Little Caesars Just Raised the Prices to Its Iconic $5 Hot-n-Ready Pizza

Little Caesars is raising the price of its popular Hot-N-Ready pizza.

✖ Little Caesars' popular Hot-N-Ready $5 pizza is no longer $5. On Monday, the pizza chain announced its"new and improved" version of the Hot-N-Ready pizza. The improved recipe includes 33% more pepperoni. The upgraded pizza will also cost customers more. Little Caesers is pricing the upgraded Hot-N-Ready pizzas at $5.55, a price increase of 11%. It's the first time that Little Caesars has raised the price of the Hot-N-Ready in almost 25 years.

"Change is good when it comes to giving our customers more of what they love," said Jeff Klein, chief marketing officer at Little Caesars, says in the press release."and we're changing our iconic HOT-N-READY Classic, adding 33% more savory, meaty pepperoni still at the country's most affordable price."

However, price increases have hit almost every economic sector as supply chain issues and labor shortages continue due to the pandemic. That includes restaurants. The Bureau of Labor Statistics says restaurant prices rose by 5.8% from November 2020 to November 2021.

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