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Tag: below

Five Below ramps up store growth in 2020, revises Q4 outlook

Get great content like this right in your inbox. Subscribe New store openings will remain a priority for Five Below this year.  The tween and teen value-oriented retailer reported Monday that it will open 180 new stores in 2020, up from roughly 150 locations in fiscal 2019.  The expansion for 2020 translates to 20% unit growth, according to Five …

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Five Below plummets, and technician backs competitor stock as buy

Five Below had a chilling day to begin the week. The discount retailer plummeted 11% on Monday in its worst performance since 2015. Ari Wald, head of technical analysis at Oppenheimer, says the discount retail space looks weak here, but there is one name he’d bet on. “The group as a whole has really been …

Five Below plummets, and technician backs competitor stock as buyRead More

Five Below ramps up store growth in 2020, revises Q4 outlook

New store openings will remain a priority for Five Below this year.  The tween and teen value retailer reported Monday that it will open 180 new stores in 2020. This equates to 20% unit growth for the fiscal year, according to the company. With each new store opening, the company plans to keep an eye …

Five Below ramps up store growth in 2020, revises Q4 outlookRead More

Five Below in pilot to open gaming centers in stores

Five Below is getting on board the fast-growing esports craze. The tween and teen discounter retailer is partnering with Nerd Street Gamers, a developer of training and competition facilities for esports. Nerd Street has completed a $12 million financing round led by Five Below to build esports facilities (Localhost) that house leagues, training camps, tournaments, …

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