[…] Five Below, a popular value retailer, is experiencing a decline in comparable sales as inflation impacts consumer spending habits. For the first quarter ending May 4, Five Below reported a 2.3% decrease in comparable sales compared to the same period last year. This decline is attributed to a pullback in spending by lower-income consumers, who are becoming more cautious with their discretionary income due to rising costs in essential categories such as food, fuel, and rent. […]