September 01, 2014 5:09 PM ET

Specialty Retail

Company Overview of Five Below, Inc.

Company Overview

Five Below, Inc. operates as a specialty value retailer in the United States. The company offers various products priced at $5 and below. It offers accessories, such as novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, and ‘attitude’ T-shirts, as well as beauty products, including nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space comprising glitter lamps, posters, frames, fleece blankets, pillows, candles, incense and related items, and storage options for the customer’s room and locker. The company also provides sport balls; team sports merchandise and fitness accessories, including hand weights, jump ropes...

1818 Market Street

Suite 2000

Philadelphia, PA 19103

United States

Founded in 2002

1,000 Employees

Phone:

215-546-7909

Fax:

215-546-8099

Key Executives for Five Below, Inc.

Co-Founder
Age: 59
Total Annual Compensation: $700.0K
Co-Founder and Executive Chairman
Age: 59
Total Annual Compensation: $600.0K
Chief Financial Officer
Age: 51
Total Annual Compensation: $336.4K
Compensation as of Fiscal Year 2013.

Five Below, Inc. Key Developments

Five Below to Open First Brooklyn Location at the Gateway Center

Five Below continues its rapid growth with the opening of its first Brooklyn location, August 29, at the Gateway Center. The 7,500-square-foot Brooklyn location will feature the company's trend-right merchandise -- with everything priced at $5 and below -- grouped into one of eight store worlds: Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Catering to pre-teens, teenagers and beyond with an ever-evolving and dynamic assortment of tech, fashion, beauty, back-to-school, sporting goods and seasonal must-haves, Five Below stores are a vibrant, colorful and high-energy destination for those seeking high-quality, desirable merchandise at an incredible value. For its Brooklyn grand opening, Five Below will offer five-cent hot dogs served Friday and Saturday, and the first 100 people in line Friday will receive a mystery ticket worth up to 100 Five Below Bucks. One lucky winner will receive a $100 shopping spree. The Brooklyn store will debut with a focus on fall fashion (lace-up canvas sneakers, leggings, head wraps), back-to-school items (backpacks, organizational and decor products), and licensed merchandise (t-shirts, nail sets, posters, party items, pens/pencils, etc.) from the animated motion picture Frozen. The new Gateway Center store, located just off the Belt Parkway near Spring Creek Park in Brooklyn, will be open Monday through Saturday, 10 a.m. to 9 p.m., and Sunday from 11 a.m. to 6 p.m.

Jeffrey Moore Departures as EVP of Merchandising of Five Below, Inc

Five Below, Inc. announced the departure of Jeffrey Moore, EVP of Merchandising.

Five Below Opens Eight New Stores in Houston, Texas

Five Below, Inc. has opened eight new stores in Houston, Texas. The eight new stores will be located in the following areas: Houston (Hedwig Village, Northwest Marketplace, and Willowbrook Plaza); Missouri City (Riverstone Shopping Center); Copperfield (Copperfield Village Shopping Center); Webster (Baybrook Square); Richmond (Bella Terra Shopping Center) and Tomball (Tomball Marketplace). The grand openings mark Five Below's first foray into Houston. The company currently has 15 stores in the Dallas and Austin markets.

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