{"id":1186845,"date":"2022-01-04T11:20:38","date_gmt":"2022-01-04T16:20:38","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1186845"},"modified":"2022-01-04T11:20:50","modified_gmt":"2022-01-04T16:20:50","slug":"did-joe-bidens-inflation-kill-little-caesars-5-dollar-hot-n-ready-pizza","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/did-joe-bidens-inflation-kill-little-caesars-5-dollar-hot-n-ready-pizza\/","title":{"rendered":"Did Joe Biden\u2019s Inflation Kill Little Caesars\u2019 5 Dollar Hot-N-Ready Pizza?"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdid-joe-bidens-inflation-kill-little-caesars-5-dollar-hot-n-ready-pizza%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1186845&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>At first glance, it looked like the latest victim of President Joe Biden\u2019s inflation woes was the world-famous \u2014 or infamous depending upon your taste in food \u2014 $5.00 \u201cHot-N-Ready\u201d pizza from Little Caesars, but that\u2019s not what the company is necessarily saying.<\/p>\n<p>On Monday, America\u2019s third-largest pizza chain announced that they will be raising the pizza prices from $5.00 to $5.55. That 11% price increase led many to believe that rising prices on wholesale items caused by inflation and other supply chain woes was the main cause of the higher cost.<\/p>\n<p>But a press release from Little Caesars claims the price has increased because the \u201cnew and improved\u201d pizza will include 33% more pepperoni.<\/p>\n<p>\u201cChange is good when it comes to giving our customers more of what they love,\u201d Jeff Klein, chief marketing officer at Little Caesars, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/little-caesars-hot-n-ready-classic-now-has-33-more-pepperoni-301452397.html\">said in a press release,<\/a> \u201cand we\u2019re changing our iconic HOT-N-READY Classic, adding 33% more savory, meaty pepperoni still at the country\u2019s most affordable price.\u201d<\/p>\n<p>Yet, as CNN <a href=\"https:\/\/www.cnn.com\/2022\/01\/03\/business\/little-caesars-price-increase\/index.html\">noted<\/a>, prices have gone up, and up, forcing many restaurants to raise prices:<\/p>\n<p>Prices for basically everything have also blossomed, even at restaurants were prices spiked 5.8% over the 12 months ending in November 2021, <a href=\"https:\/\/www.cnn.com\/2021\/12\/11\/business\/grocery-restaurant-prices\/index.html\">according to the Bureau of Labor Statistics.<\/a> The sharp increases underscore the fact that restaurants and food makers are not immune to supply chain and labor pressures contributing to pricing increases across the board.<\/p>\n<p>The \u201cHot-N-Ready\u201d pizza debuted in 2004 and had kept the same $5.00 price for nearly 20 years. According to the <a href=\"https:\/\/www.freep.com\/story\/news\/local\/michigan\/2022\/01\/03\/little-caesars-hot-n-ready-price-increases-but-adds-more-pepperoni\/9071803002\/\">Detroit Free Press<\/a>, customers in many areas saw their pizza price increase weeks ago:<\/p>\n<p>Prices for the Hot-N-Ready have always varied by market, said Little Caesars spokeswoman Annie McGraw. In some markets, including some Detroit stores, the price increase hit weeks ago. In other markets, customers saw the increase to $5.55 months ago, according to posts across social media.<\/p>\n<p>While the company did not cite inflation as the specific reason for the price hike, numerous analysts like <a href=\"https:\/\/www.benzinga.com\/amp\/content\/24872042\">Bezinga\u2019s Chris Katje<\/a> speculated that the new price will resonate with Little Caesar\u2019s customers precisely because the cheap food item was so associated with the brand at the previous dollar amount:<\/p>\n<p>Many restaurants raise prices every couple years to combat rising food costs and employee wages. These changes usually go unnoticed by the public as most customers don\u2019t remember exact price points of menu items.<\/p>\n<p>Little Caesars created strong brand awareness with the $5 Hot-N-Ready, but now faces the flipside dilemma of being associated for one price and not being able to change it without the public noticing.<\/p>\n<p>Another brand that faces this dilemma is Subway, which has utilized a marketing campaign of the $5 footlong, which has led to backlash from franchise owners as the profit margins have shrank on the item over the years.<\/p>\n<p>In all, the new cost of the pizza may serve as another reminder that in Biden\u2019s America, the cost of everything just keeps getting higher. Compounded with the fact that the Dollar Store had <a href=\"https:\/\/www.dailywire.com\/news\/dollar-tree-will-raise-prices-to-1-25\">to raise<\/a> its prices to $1.25 recently, the higher pizza price indicates that even America\u2019s best bargains are more expensive.<\/p>\n<p>The views expressed in this piece are the author\u2019s own and do not necessarily represent those of The Daily Wire.<\/p>\n<p>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <a href=\"https:\/\/www.dailywire.com\/subscribe\">member<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At first glance, it looked like the latest victim of President Joe Biden\u2019s inflation woes was the world-famous \u2014 or infamous depending upon your taste in food \u2014 $5.00 \u201cHot-N-Ready\u201d pizza from Little Caesars, but that\u2019s not what the company is necessarily saying. On Monday, America\u2019s third-largest pizza chain announced that they will be raising &#8230;<\/p>\n","protected":false},"author":326,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1186845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1186845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/326"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1186845"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1186845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1186845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1186845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1186845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}