Five Below

Five Below CEO Steps Down as Comparable Sales Slip

Five Below CEO Steps Down as Comparable Sales Slip
Five Below CEO Steps Down as Comparable Sales Slip
July 16, 2024  |  Retail

Five Below has announced a leadership transition, with Joel Anderson stepping down from his roles of president and CEO, and from the board of directors,...

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Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
Five Below: Comparable Sales Slip as Consumers Feel Inflation’s Impact
June 05, 2024  |  Earnings

A pullback in spending by lower-income consumers led to a decline in comparable sales during the first quarter for Five Below. Get the Full Story...

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East Asian Discount Retailers Expand Across US Amid Demand for Affordable Novelty
East Asian Discount Retailers Expand Across US Amid Demand for Affordable Novelty
April 08, 2024  |  Retail

Amid ongoing budget pressures, United States shoppers are seeking affordable ways to treat themselves, fueling demand for the novel but low-cost products that Japanese (and...

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Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
Retailers’ Self-Checkout Enthusiasm Dwindles Amid Elevated Theft
March 21, 2024  |  Retail

As retailers look for new ways to save on labor, the disadvantages of going all in on self-checkout are coming to light, with Five Below...

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Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
Competition for Consumers’ Grocery Spending Heats up Among Discount Retailers
December 13, 2023  |  Economy

After years of trade-down in grocery and discount retailers’ consequent efforts to woo consumers with their food and beverage offerings, the space has grown significantly...

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Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
November 29, 2023  |  Retail

Specialty discount retailer Five Below said it is driving sales by offering customers both value and fun. Get the Full Story Complete the form to unlock this...

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New Stores Drive Growth for Five Below 
New Stores Drive Growth for Five Below 
August 30, 2023  |  Earnings

In May, Five Below revealed its intentions to grow by leveraging Simon’s retail portfolio, which includes its Premium Outlets. This approach has been recognized as...

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Dollar Stores See Influx of Wealthy Consumers as Inflation Persists
Dollar Stores See Influx of Wealthy Consumers as Inflation Persists
June 20, 2023  |  Retail

For wealthier Americans, there’s no longer a stigma attached to shopping at the dollar store. Get the Full Story Complete the form to unlock this...

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