PHILADELPHIA--(BUSINESS WIRE)--
Five
Below, Inc. (NASDAQ: FIVE),
the leading retailer of extreme-value merchandise for teens and
pre-teens, will expand its presence in Michigan by launching six new
stores on April 12, 2013. Five Below's recent track record of successful
openings in Michigan, combined with strategic real estate opportunities,
is fueling the growth. The six new stores will add to Five Below's
current 18 Michigan locations and bring its selection of trend-right,
high-quality merchandise to new parts of western Michigan.
"Our Michigan customers have voted, and they've shown tremendous
enthusiasm for Five Below's brand-name, trend-right merchandise for
teens, pre-teens, and shoppers of all ages," said Tom Vellios, CEO and
co-founder of Five Below. "In opening these six stores, we'll create new
opportunities for local Michigan communities to find a dynamic
assortment of tech, fashion, beauty, crafts, and seasonal must-haves,
all priced at $1 to $5."
The six stores will open in the following locations:
-
Fairplain Plaza at 970 E. Napier Ave., Benton Harbor, Mich.
-
Maple Hill Mall at 5210 West Main St., Kalamazoo, Mich.
-
Meridian Towne Center at 4904 Marsh Rd., Okemos, Mich.
-
West Valley at 3435 Tittabawassee Rd., Saginaw, Mich.
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Crossings at Taylor at 23853 Eureka Rd., Taylor, Mich.
-
Waterside Marketplace at 50579 Waterside Dr., Chesterfield Township,
Mich.
To celebrate the grand opening of the new stores, each new Five Below
location will give away a free Five Below t-shirt with any purchase to
the first 300 customers through Friday, Saturday, and Sunday, April 12
to 14, and one customer will win a $100 shopping spree. Five Below will
kick off opening weekend on Friday and Saturday with five-cent hot dogs
and a number of other contests and giveaways.
The new stores will be open on Monday through Saturday from 10 a.m. to 9
p.m. and on Sunday from 11 a.m. to 6 p.m.
Five Below operates in 19 states, from New Hampshire to Georgia along
the East Coast to Illinois and Missouri in the Midwest. Five Below's
plan to open up to 60 new stores in 2013 will bring the number of
locations to approximately 300.
About Five Below
Five Below is a rapidly growing specialty value retailer offering a
broad range of trend-right, high-quality merchandise targeted at the
teen and pre-teen customer. Five Below offers a dynamic, edited
assortment of exciting products, all priced at $5 and below, including
select brands and licensed merchandise across a number of category
worlds. Five Below is headquartered in Philadelphia. For more
information, visit www.fivebelow.com.
Five Below, Inc.
Press contact:
Gregory
FCA
Denise DiMeglio
Account Supervisor
Main:
610-228-2102
Denise@GregoryFCA.com
Source: Five Below, Inc.
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