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This Discount Retail Strategy Leads to Plans for 150 New Stores This Year

Five Below Moves Toward Distribution Centers to Accommodate Growth
Discount retailer Five Below operates 833 stores in 36 U.S. states. (CoStar)
Discount retailer Five Below operates 833 stores in 36 U.S. states. (CoStar)
By Cara Smith-Tenta and Emily Wilkinson
August 29, 2019 | 8:02 P.M.

Despite increasing tariffs and store closings among its peers, one discount retailer plans to open 150 locations this year, offering a potential formula for other nationwide chains that haven't been grabbing up more commercial space across the country.

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