Five Below is the leading retailer of trend-right, extreme-value merchandise to the youth and young adult market - all for $1.00 to $5.00.
Five Below’s dynamic assortment of merchandise includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room décor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and “gag”, and seasonal items. Five Below combines exceptional value with trend-right, quality merchandise in a vibrant shopping environment.
Five Below was founded in 2002 by David Schlessinger, creator and founder of Encore Books and Zany Brainy along with Tom Vellios, former CEO of Zany Brainy. Five Below opened its first store in Wayne, Pennsylvania. Since then the chain has grown to over 140 stores in New England and the mid-Atlantic states.
Five Below offered Advent the opportunity to invest in a best-in-class retailer with a superior economic model that can expand its store base rapidly.
IPO on Nasdaq (FIVE)