FAQs
" 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 .
Where is Five Below headquarters? ›
Is everything at Five Below $5 or below? ›
No longer will the store, a bargain hunter's dream, only sell items priced at $5 and under. Now, the store will be raising prices on certain items — including tech products and certain toys and games. “We've always done everything possible to absorb cost increases,” the company said in a statement.
What is the deal with Five Below? ›
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.
Why is everything at Five Below so cheap? ›
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.
What is the smallest store ever? ›
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.
Who owns 5 below? ›
Five Below (NASDAQ: FIVE) is owned by 105.62% institutional shareholders, 8.85% Five Below insiders, and 0.00% retail investors.
How many Five Below locations are there? ›
1,500+ stores nationwide!
Does Five Below have debt? ›
Total debt on the balance sheet as of April 2024 : $1.83 B.
Why does 5 below have $10 items? ›
Inflation had made it necessary to raise prices on select products, while other products price points will not change. Five Below is following this trend as it introduced Five Beyond into its stores and will continue to expand the higher price point section to be part of its retail floorplan in 400 more stores in 2023.
Your exclusive Five Below discount saves you 25% on off-peak days (Monday – Friday and non-holidays) and 10% on peak days (Saturdays, Sundays, and Holidays). Crew can purchase up to 4 passes per visit at the special rate!
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.
Can you return 5 below? ›
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!
Are Five Below items good? ›
Whether you're looking for cute home décor, candy and food, or make-up, you'll most likely save a bundle at Five Below. Just remember that not all products are the highest quality so do your research or, better yet, shop in stores so you can see exactly what you're getting before you buy.
How much does the CEO of Five Below make a year? ›
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 $7.26M.
Where is the biggest store located? ›
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.
Is Five Below in debt? ›
Total debt on the balance sheet as of April 2024 : $1.83 B.
Where is the world's smallest target store? ›
It's referred to as the world's smallest Target and it stands off US Highway 90 outside Marathon, Texas, in remote Brewster County.