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Five Below to Move Ahead With Aggressive Plan for 180 New Store Openings

Low-Price Retailer Didn’t Come Close to Meeting Holiday Sales Expectations
Five Below missed Wall Street's holiday sales expectations, but that has not squashed plans for 180 new stores this year. (Five Below)
Five Below missed Wall Street's holiday sales expectations, but that has not squashed plans for 180 new stores this year. (Five Below)
By Jennifer Waters
CoStar News
January 13, 2020 | 6:38 P.M.

Five Below, the bargain retailer aimed at teens and tweens, is moving ahead with new store openings despite a disappointing holiday shopping season that prompted it to warn of significant shortfalls in fourth-quarter sales and profit.

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