What business is 5 below?
What business is 5 below?
Five Below Inc. (stylized as fiVe BEL°W) is an American chain of specialty discount stores that sells products that cost up to $5, plus a small assortment of products from $6 to $10.
Who is the CEO of Five Below?
Joel D Anderson (Feb 1, 2015–)
Five Below/CEO
Can I buy a five below franchise?
Do you offer franchise opportunities? No, we do not franchise our stores. We lease and operate all of our own stores.
How much do Five Below employees make?
Five Below Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Job Title:Sales Associate | Range:$8 – $14 | Average:$10 |
| Merchandising Manager | Range:$11 – $19 | Average:$15 |
| Retail Store Assistant Manager | Range:$11 – $19 | Average:$14 |
| Cashier | Range:$8 – $14 | Average:$10 |
How much does it cost to open a Five Below store?
It costs $300,000 to open a Five Below store, and each new location generates about $450,000 in operating income within the first year. New stores have a cash payback period of just seven months!
What is sold at Five Below?
At first glance, Five Below sells the same types of items (in their case, for $5 or less)—such as school supplies, simple electronics (like headphones and cellphone chargers), fitness and sporting equipment, affordable clothes, candy, cosmetics, and more—you’d likely find at another discount retailer.
How much do five below managers make?
Average Five Below Store Manager yearly pay in the United States is approximately $50,080, which is 9% above the national average.
Who founded five below?
Thomas Vellios
David Schlessinger
Five Below/Founders
“Our two founders, David Schlessinger and Tom Vellios, created a great concept. It was, and remains today, unduplicated,” Five Below CEO Joel Anderson told Philadelphia magazine in 2017. “And it’s a concept that while it targets teens and tweens is universally appealing.”
How much is it to open a Five Below?
How do I open a Five Below franchise?
Announces Third Quarter Fiscal 2021 Financi… Five Below, Inc. Announces Third Quarter Fiscal 2021 Earning… Five Below Brings the F.U.N. and Cheer With Holiday Must Hav…
What does five below sale?
Five Below is a discount-store chain that sells everything from books to clothes for under $5. Five Below is one of several dollar stores that have been doing well lately, like competitors Dollar General and Dollar General. In the second quarter of 2018, Five Below’s comparable sales increased by 2.7%. It has opened 67 new stores so far in 2018.
Where are the Five Below stores located?
Five Below is located at the address 1616 Walnut st Ste 400 in Philadelphia, Pennsylvania 19103. They can be contacted via phone at (215) 546-7909 for pricing, hours and directions.
Where is five below?
Print | Save | Directions. Five Below is located at the address 4816 Ridge Rd in Cleveland, Ohio 44144. They can be contacted via phone at (216) 741-1452 for pricing, hours and directions.
What is a five below store?
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. The chain is aimed at kids, teens, and pre-teens, but has many adult products as well. Its products are mostly oriented to females, but has products for boys as well.
