Friday, May 29, 2020

Five Below reopens stores; resumes expansion program

Chain Store Age
Five Below is not backing down from its aggressive store expansion.

The extreme-value tween and teen retailer, which has opened 40 new stores so far this year, said it continues to expect to open 100 to 120 new stores in 2020.

Five Below said that it has reopened more than 75% of its 900-plus stores as pandemic lockdown restrictions ease. Locations have reopened in all but four states, where curbside pickup is available as allowed. . . . more