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Five Below

Discount Stores · Anchor · Mass Merchant·

Five Below is a Discount Stores concept with 2,066 stores in 2,062 shopping centers across 48 states. As of November 8, 2026 they opened 145 and closed 15 locations in the last 12 months, a net change of +130. Typical site: 8,500–11,000 SF. Across their fleet, locations have a median 10-minute drive-time population of 44,532 with a median household income of $76,165 and a median age of 38, according to Brandmarch. Similar brands: Ollie's Bargain Outlet, Ocean State Job Lot, and Roses Discount Store.

Tracking · 160 events in last 12 months

Recent activity

Dates shown here are when each event was detected. Actual event may have occurred up to 30 days earlier. Next digest sends Sunday.

San Jacinto Marketplace - 6845 Garth Rd., Suite 500 Opened

Baytown, TX · Opened ~Oct 2026 · Detected 2weeks

Green Valley, AZ · Opened ~Oct 2026 · Detected 2weeks

Palestine, TX · Opened ~Oct 2026 · Detected 2weeks

+157 more events · 91% openings — 145 new, 15 closures.

About Five Below

Five Below is a specialty discount retailer focused on offering trend-right, fun merchandise at $5 or less. It targets tweens, teens, and young families who want stylish accessories, tech gadgets, decor, candy, and novelty items without spending much. The brand stands out for its high-energy stores, frequently refreshed inventory, and a “treasure hunt” vibe that makes shopping feel exciting.

Intelligence · Competitive Overlap

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Recent openings, closures, and announcements from brands similar to Five Below.

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