Five Below is set to take over a 10,000-square-foot space on South Broad Street that was formerly occupied by a Rite Aid drug store. The Philadelphia-based discount retailer received zoning permits on Friday to begin fit-out work on the space at 810 S. Broad St. Rite Aid put the lease at the corner of Broad… Read more »
Five Below Inc. said it plans to open more than 200 new stores in 2023 and convert 400 stores to its “Five Beyond” format, which features items priced above its traditional $5 threshold. The Philadelphia-based discount retailer revealed its 2023 expansion plans on Monday as it reported that net sales for the holiday season from… Read more »
Discount retailer Five Below is aggressively ratcheting up its growth plans, looking to triple its store count to 3,500 by the end of 2030 and double its sales by 2025 as it creates a shopping experience that caters to younger customers. The Philadelphia-based chain, which now has 1,190 stores in 40 states, unveiled its “Triple-Double” strategy… Read more »
