Where Is The Nearest Five Below (2024)

FAQs

Where is the biggest Five Below store? ›

" Five Below was established in 2002 and remains based in the heart of Philadelphia and the opening of our largest store on Chestnut Street is a highly anticipated and proud moment for Five Below ," said Joel Anderson , CEO of Five Below .

But the name “Five Below” is one thing that's not changing. The store — known for selling everything from makeup and clothes to candy — will be keeping its original name despite the change. Most of the store's merchandise remains at $5 and below, according to the company.

Philadelphia, PA

Five Below / Headquarters

Five Below, Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25.

NEW YORK (CBSNewYork) - Blink and you might miss it. Located a few doors down from the Christopher Street PATH Station in the West Village is the "World's Smallest Store." The interior of the 50-square-foot store looks like a long, narrow closet filled with clothing and other wares extending to a table on the sidewalk.

Five Below Stock Ownership FAQ

Who owns Five Below? Five Below (NASDAQ: FIVE) is owned by 105.72% institutional shareholders, 8.85% Five Below insiders, and 0.00% retail investors. Howard D. Ross is the largest individual Five Below shareholder, owning 2.68M shares representing 4.87% of the company.

Five Below is a discount specialty chain that has 1,400 locations across the US. I decided to visit the closest one to my home in New York City. I gave myself a budget of $50 and was pleasantly surprised to have spent less.

The obvious economic explanation for Five Below's shift here is that by charging 10 bucks for products that are still pretty cheap to make, it's going to earn more profit. But this isn't exactly a move born of desperation, either.

Total debt on the balance sheet as of April 2024 : $1.83 B.

All orders are shipped via standard shipping (FedEx Smart Post/UPS Sure Post). Non-Business Days are Saturday, Sunday and the following holidays/dates: Independence Day. Labor Day.

Who is the target audience of Five Below? ›

They target a demographic between the ages of 5 and 19, which is about a fifth of the U.S. population. This age group has a fair amount of disposable income but not a lot of places to spend it. Five Below fills that gap by offering a wide range of products, all priced at $5 or below.

Founded in 2002 and headquartered in Philadelphia, Pennsylvania, Five Below today has over 1,600 stores in 43 states. For more information, please visit www.fivebelow.com or find Five Below on Instagram, TikTok, Twitter and Facebook @FiveBelow.

Unopened or defective products may be exchanged for the same or different items of equal value at any time after the purchase date with the original receipt. We are also happy to refund* you in the original form of payment with the original receipt or online order confirmation!

Five Below's CEO is Ken Bull, appointed in Mar 2023, has a tenure of 1.42 years. total yearly compensation is $4.19M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.2% of the company's shares, worth $8.41M.

During 2022, Five Below sourced from about 1,000 vendors, with 60% of purchases coming from domestic vendors and no single vendor accounting for more than 5% of spend, according to the company's 10-K. The retailer says its low-cost sourcing and operating model helps it meet its $5 price target for products.

Macy's Herald Square has not been the World's Largest Store since 2009, when Guinness World Records certified that the accolade belonged to the Shinsegae Centum City department store in Busan, South Korea. At 5.847 million of square feet, Shinsegae is practically three times the size of Macy's.

1,500+ stores nationwide!