Five Below, Inc. is a specialty value retailer that sells merchandise aimed primarily at children, teenagers and young adults. Its product assortment includes technology accessories, toys and games, sports and recreation items, room décor, fashion and beauty products, party supplies, arts and crafts, and candy. The company emphasizes trend-driven products at low prices, with most items historically priced between $1 and $5 and a selection of higher-priced “Five Beyond” merchandise.
Five Below operates stores across the United States and also sells products through its e-commerce platform. Its stores are generally located in shopping centers and other high-traffic retail environments, and the company organizes its merchandise around categories such as Style, Room, Sports, Tech, Create, Party and Candy.
The company was founded in 2002 by David Schlessinger and Tom Vellios and is headquartered in Philadelphia, Pennsylvania. Five Below has expanded from its initial regional presence into a national retail chain, serving customers through its physical stores and digital channels. Winnie Park serves as the company’s chief executive officer.
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