释义 |
- Products and supplies
- History
- Growth and expansion
- Fundraisers and philanthropy Fundraising Philanthropy
- References Press releases
- External links
{{Infobox company | name = Five Below Inc. | logo = five below logo.png | logo_size = | logo_padding = | logo_alt = | logo_caption = Hot stuff. Cool prices. | image = | image_size = | image_alt = | image_caption = | trading_name = | native_name = | native_name_lang = | romanized_name = | former_name = | type = Public | traded_as = {{ubl|{{NASDAQ|FIVE}}|S&P 400 component}} | ISIN = | industry = Discount store | fate = | predecessor = | successor = | foundation = {{start date and age|2002|10|04|df=yes}} | founders = David Schlessinger, Tom Vellios | defunct = | location_city = Philadelphia, Pennsylvania | locations = {{ubl|{{increase}} 750 (2018)[1]|353 (2014)[2]}} | area_served = United States—33 states[2] | key_people = Joel D. Anderson {{small|(CEO)}} | products = sports, games, fashion accessories, bath and body, candy and beverages, room décor and storage, stationery and school supplies, books, iPhone® and Galaxy® accessories, novelty and gag items, seasonal items | brands = | production = | services = | revenue = {{increase}} {{currency|1.0004 billion}} (FY 2016) | operating_income = {{increase}} {{currency|114.3 million}} (FY 2016) | net_income = {{increase}} {{currency|78.1 million}} (FY 2016) | assets = {{increase}} {{currency|500.5 million}} (FY 2016) | equity = | owner = | members = | num_employees = over 10,000 | parent = | divisions = | subsid = | website = {{URL|fivebelow.com}} | footnotes = | intl = | location_country = United States | coordinates = | bodystyle = }}Five Below Inc. (Stylized as fiVe BEL°W) is an American publicly held chain of discount stores that sells products that cost up to $5.[2] The target demographics are children and teens.[2] Stores are typically located in strip malls as opposed to standing alone.[2]Products and suppliesWhile products at Five Below can be from any category, some items carried by the store include trading cards, sports related items, games, toys, fashion accessories, bath and body related items, candy, snacks, beverages, room decorations, school supplies and stationery, books, accessories for electronic devices, DVDs, computer software, novelty items and gag items, as well as seasonal items.[1] HistoryIn October 2002, Five Below was founded by David Schlessinger, founder of Encore Books and Zany Brainy, and Tom Vellios who was the former CEO of Zany Brainy. The first Five Below location opened up at the Gateway Shopping Center in Wayne, Pennsylvania, on October 4, 2002.[2] On July 19, 2012, Five Below went public on the NASDAQ at a share price of $17. Growth and expansionToday, Five Below has over 700 stores in 33 states,[3] and two distribution centres. It began its outward expansion away from the Philadelphia Metro area by entering the Illinois and Michigan markets in 2011;[4] Georgia, Kansas, Missouri and Western Michigan in 2012;[5] Texas in 2013;[6] Tennessee in 2014; Alabama, Florida and Kentucky in 2015; Louisiana, Minnesota, Oklahoma, Virginia, West Virginia and Wisconsin in 2016, [7] California in 2017; and Arkansas in 2018. Arizona, Colorado, Nevada, New Mexico & Utah will have theirs in 2019. In 2011, the company moved its corporate headquarters to a larger location in Philadelphia, PA. The building into which it moved includes other well-known companies such as Merrill Lynch, the American College of Radiology, eResearch Technology and Philadelphia Magazine.[8] In September 2014, the company announced a new lease agreement to move its New Castle, Delaware distribution center to Oldmans Township, New Jersey.[9] The new center would add 275 jobs to the local economy while Delaware would lose 175.[10] Fundraisers and philanthropy{{Unreferenced section|date=December 2016}}FundraisingThe company offers a unique fundraising opportunity for non-profit groups. Stores can partner with local groups to set up a "FUNdraising" opportunity, where anyone with an invitation from the group can come in during a pre-selected time period, and shop. 10% of the sales created by shoppers with invitations will be donated back to the organization.They do this to receive tax breaks from the government. PhilanthropySince 2005, the company has contributed over $1 million for organizations around the country who focus on childhood well-being. They have partnered with and supported Alex's Lemonade Stand Foundation with the sale of lemonade bracelets, gift cards and pin-ups which, to date, has resulted in over $300,000 being donated. Since 2008, they have participated in the annual Halloween Promotion benefiting St. Jude Children's Research Hospital. Their fundraising has raised over $1,000,000 for the hospital. After Hurricane Sandy, the company partnered with the American Red Cross and collect over $50,000 through a $1 donation at the register program. They then doubled all donations resulting in a donation in the total of $100,000. References1. ^{{cite web|title=What can I buy at Five Below?|url=http://www.fivebelow.com/faqs/|website=Five Below FAQ|accessdate=28 October 2014}} 2. ^{{cite news|title=Zany Brainy execs to open discount chain|url=http://www.bizjournals.com/philadelphia/stories/2002/09/23/daily3.html|accessdate=28 October 2014|work=Philadelphia Business Journal|agency=American City Business Journals|date=23 October 2002}} 3. ^{{Cite web|title = Thinknum – Financial Analysis|url = http://thinknum.com|website = Thinknum Financial Data Platform|access-date = 2016-01-25}} 4. ^{{cite press release | title=Five Below, the Five-and-Dime for the iPod Generation, Debuts First Detroit-Area Stores | url=http://www.businesswire.com/news/home/20110713006211/en/Five-and-Dime-iPod-Generation-Debuts-Detroit-Area-Stores | publisher=Five Below | via=Business Wire | date=13 July 2011 }} 5. ^{{cite press release | title=Five Below Opens First 7 Stores in Atlanta | url=http://www.businesswire.com/news/home/20120530005835/en/Opens-7-Stores-Atlanta | publisher=FiveBelow | via=Business Wire | date=1 June 2012 }} 6. ^{{cite news | last1=Smith | first1=Rich | title=Five Below Expands Into Texas | url=http://www.fool.com/investing/general/2013/01/25/news-five-below-expands-into-texas.aspx | work=The Motley Fool | location=United States | date=25 January 2013 }} 7. ^{{cite news | author=Staff | title=Five Below teen discount store opens 3 locations Friday | url=http://www.tennessean.com/story/news/2014/03/19/five-below-teen-discount-store-opens-3-locations-friday-/6607471/ | work=The Tennessean | location=United States | date=19 March 2014 }} 8. ^{{cite news | last1=Kostelni | first1=Natalie | title=Five Below moving its HQ to 1818 Market St. | url=http://www.bizjournals.com/philadelphia/news/2011/12/27/five-below-moving-its-hq-to-1818.html | work=Philadelphia Business Journal | date=11 December 2011 }} 9. ^{{cite press release | title=Five Below Signs Lease for New Distribution Center in Southern New Jersey | url=http://investor.fivebelow.com/releasedetail.cfm?ReleaseID=870029 | publisher=FiveBelow | date=9 September 2014 }} 10. ^{{cite news | author=Nathans, Aaron | title=Delaware losing 175 jobs to New Jersey | url=http://www.delawareonline.com/story/money/business/2014/09/11/five-move-jobs-delaware-new-jersey/15441493/ | work=DelawareOnline | date=12 September 2014 }} 11. ^1 2 3 4 5 {{cite web | author=Lally, Terry | title=Watch Out Below When Five Below Reports Today, Target Price: $30 | work=Seeking Alpha | date=4 December 2014 | url=http://seekingalpha.com/article/2729775-watch-out-below-when-five-below-reports-today-target-price-30 }} 12. ^1 {{cite web | author=Zhen, Justin | title=Thinknum Store Locations: Five Below | work=Thinknum | date=25 January 2016 | url=https://www.thinknum.com/connections/map/nasdaq:five.store }}
}}Press releases{{reflist|group=pr}}External links{{VarietyStores}} 8 : 2002 establishments in Pennsylvania|Companies based in Philadelphia|Discount stores of the United States|Retail companies established in 2002|Variety stores|Companies listed on NASDAQ|2012 initial public offerings|Toy retailers |