{"id":1346,"date":"2012-11-26T16:17:16","date_gmt":"2012-11-26T21:17:16","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=1346"},"modified":"2012-11-26T16:17:16","modified_gmt":"2012-11-26T21:17:16","slug":"company-snapshot-five-below-inc","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/11\/company-snapshot-five-below-inc\/","title":{"rendered":"Company Snapshot: Five Below Inc."},"content":{"rendered":"<p><strong>Address<\/strong>:<br \/>\n1818 Market Street, Suite 1900<br \/>\nPhiladelphia, Pennsylvania 19103-3601<\/p>\n<p><strong>Telephone<\/strong>:<br \/>\n215 546-7909<\/p>\n<p><strong>Internet Homepage<\/strong>:<br \/>\n<a href=\"http:\/\/www.fivebelow.com\/\"><strong>http:\/\/www.fivebelow.com<\/strong><\/a><\/p>\n<p><strong>Year Founded<\/strong>:<br \/>\n2001<\/p>\n<p><strong>Total Stores<\/strong>:<br \/>\n245<\/p>\n<p><strong>Total Annual Sales<\/strong>:<br \/>\n$297,113,000<\/p>\n<p><strong><span style=\"text-decoration: underline;\">Senior Executives<\/span><\/strong>:<br \/>\nDavid Schlessinger &#8211; Chairman<br \/>\nThomas G. Vellios &#8211; President, CEO<br \/>\nKenneth R. Bull &#8211; CFO, Treasurer &amp; Corporate Secretary<br \/>\nDavid Johnston &#8211; COO<\/p>\n<p>&nbsp;<\/p>\n<p>Extreme value retailing, often referred to under the Dollar Stores category, had been growing locations while expanding product lines at an encouraging pace, well before the current recession.\u00a0 Five Below has created a unique niche within the extreme value category.<\/p>\n<p>The Philadelphia-based retailer offers a diverse assortment of what it terms trend-right, extreme-value merchandise to the teen and pre-teen market &#8211; all for $1.00 to $5.00.\u00a0 Self-described products cover Sports (including toys and games), Media (books, DVDs and video games), Crafts, Candy (including beverages), Room (d\u00e9cor, storage) and Style (jewelry, bath &amp; body, makeup &amp; beauty).<\/p>\n<p>As the leading chains of the dollar store\/extreme value category have been aggressively opening new locations and eagerly entering new markets, often in distinctively diverse territories, Five Below is not a company to be overlooked.\u00a0 Over the past three years, Five Below has opened nearly 150 new stores, more than doubling its size.\u00a0 This year during its second quarter the company opened an additional thirty four stores.\u00a0 Five Below just announced the building of its second distribution center in northern Mississippi a needed addition to its facility in Newark, DE.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Address: 1818 Market Street, Suite 1900 Philadelphia, Pennsylvania 19103-3601 Telephone: 215 546-7909 Internet Homepage: http:\/\/www.fivebelow.com Year Founded: 2001 Total Stores: 245 Total Annual Sales: $297,113,000 Senior Executives: David Schlessinger &#8211; Chairman Thomas G. Vellios &#8211; President, CEO Kenneth R. Bull &#8211; CFO, Treasurer &amp; Corporate Secretary David Johnston &#8211; COO &nbsp; Extreme value retailing, often&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/11\/company-snapshot-five-below-inc\/\">Continue reading <span class=\"screen-reader-text\">Company Snapshot: Five Below Inc.<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[15],"class_list":["post-1346","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/1346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=1346"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/1346\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=1346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=1346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=1346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}