Where Is The Nearest Five Below (2024)

FAQs

Where is the biggest Five Below store? ›

Largest Five Below In the U.S. Opens in Philadelphia – NBC10 Philadelphia.

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. Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.

1,500+ stores nationwide!

Ross is the largest individual Five Below shareholder, owning 2.68M shares representing 4.87% of the company. Howard D. Ross's Five Below shares are currently valued at $202.33M.

Five Below keeps its prices low by controlling costs efficiently. Their stores are relatively small, averaging about 9,000 square feet, and they're often located in existing shopping centers. This helps keep overhead low.

Who is Thomas Vellios? Thomas Vellios has an estimated net worth of $194 Million. This is based on reported shares across multiple companies, which include FIVE BELOW, INC, and HOT TOPIC INC /CA/.

The brand's defining mission became simply: “Five Below means you never have to pay more than $5 for the coolest, trendiest, highest quality stuff you just gotta have.” In the years ahead Five Below's store count will grow well beyond 2,000 stores, including an online shop at fivebelow.com.

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

According to Five Below 's latest financial reports the company's total debt is $1.83 B.

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.

Where does Five Below get their inventory? ›

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.

return policy (stores & online)!

with the original receipt or online order confirmation to ANY store location. Unopened or defective products may be exchanged for the same or different items of equal value within 90 days of the purchase date and with the original receipt.

The Philadelphia born and raised company today announced the opening of its largest store in Center City, Philadelphia on Chestnut Street , between 15^th and 16^th Streets.

The Company opened 63 net new stores and ended the quarter with 1,544 stores in 43 states. This represents an increase in stores of 15.2% from the end of the fourth quarter of fiscal 2022. Operating income was $268.4 million compared to $225.8 million in the fourth quarter of fiscal 2022.

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.

It is no longer the largest store in the world. Macy's Herald Square lost that distinction in 2009 to Shinsegae, a department store in Seoul, South Korea. Macy's continues to be the largest store in the U.S.

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