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Five Below

#2373

Rank

$6.38B

Marketcap

US United States

Country

Five Below
Leadership team

Mr. Thomas G. Vellios (Co-Founder & Non-Exec. Chairman)

Mr. Joel D. Anderson (Pres, CEO & Director)

Mr. Kenneth R. Bull (CFO & Treasurer)

Products/ Services
Retail, Sales, Shopping
Number of Employees
1,000 - 20,000
Headquarters
Philadelphia, Pennsylvania, United States
Established
2002
Company Registration
SEC CIK number: 0001177609
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FIVE
Social Media
Overview
Location
Summary
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room. The company also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, collectibles, and toys covering remote control; and pool, beach, and outdoor toys, as well as games and accessories. In addition, it offers accessories for cell phones, tablets, audio, and computers, such as cases, chargers, headphones, and other items; books, video games, and DVDs; craft activity kits; arts and crafts supplies, such as crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, locker accessories, and everyday name brand items. Further, the company provides party goods, decorations, gag gifts, and greeting cards, as well as every day and special occasion merchandise products; assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, and gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events. It primarily serves tween and teen customers. As of January 29, 2022, the company operated approximately 1,190 stores in 40 states. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania.
History

David Schlessinger, founder of Encore Books and Zany Brainy, and Tom Vellios, former CEO of Zany Brainy, founded Five Below on October 4, 2002.On March 18, 2020, Five Below announced the temporary closing of all stores due to the COVID-19 outbreak. However, as of May 29, 2020, 75% of Five Below stores across the United States reopened with plans for new stores to open up.

Mission
Five Below wants you to let go & have fun!
Vision
We believe that life is way better when you're free to Let Go & Have Fun! Our vision is to be the ultimate ‘wow’ shopping destination for tweens, teens and beyond, by providing the hottest trend-right products at an extreme value, all just $5 & below.
Key Team

Mr. Eric M. Specter (Chief Admin. Officer)

Mr. Michael F. Romanko (Chief Merchandising Officer)

Ms. Judith L. Werthauser (Chief Experience Officer)

Ms. Christiane Pelz (VP of Investor Relations)

Mr. George S. Hill (Chief Retail Officer)

Mr. Rob Feuerman (Chief Information Officer)

Mr. Felipe Zardo (Sr. VP of Digital)

Recognition and Awards
Five Below has received numerous awards over its time including Top Growth Retailer of the Year in 2019, Chain Store Age Award in 2018, and National Retail Federation Winner in 2017.
References
Five Below
Leadership team

Mr. Thomas G. Vellios (Co-Founder & Non-Exec. Chairman)

Mr. Joel D. Anderson (Pres, CEO & Director)

Mr. Kenneth R. Bull (CFO & Treasurer)

Products/ Services
Retail, Sales, Shopping
Number of Employees
1,000 - 20,000
Headquarters
Philadelphia, Pennsylvania, United States
Established
2002
Company Registration
SEC CIK number: 0001177609
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FIVE
Social Media