My Inside Look After Five Years of Five Below Shopping - 33rd Square (2024)

As someone who has regularly shopped Five Below stores over the past five years, I‘ve seen firsthand how this rapidly growing chain delivers thrills and disappointments. Today, I want to give you the full insider perspective on what you can realistically expect from Five Below in terms of product range, quality and value.

Overview – From Scrappy Startup to Hot Shopping Destination

Back in 2002, Five Below began as a small operation out of Philadelphia. The original idea came from co-founders Tom Vellios and David Schlessinger seeking a one-stop shop tailored towards teens and pre-teens. They noticed a gap where tweens and young teens had outgrown dollar stores, but couldn‘t afford pricier mall stores.

Five Below filled this void perfectly with trendy candies, toys, beauty sets, accessories and room decor targeted specifically at kids ages 5-15 years old. The only catch – every item priced at an unbelievable $5 or less.

Shoppers initially flocked for the perceived bargains on brand name items before realizing some serious catches. But we’ll dissect the pros and cons shortly.

Despite rocky product reception at times, the Five Below business model clicked. Through strategic brand partnerships and resonance with youth audiences, Five Below expanded rapidly to over 1,100 locations across 42 states today.

Five Below By the Numbers

Recent annual sales reached an astonishing $2.8+ billion as Forty Below mania ensued. And the chain aims to eventually operate over 2,500 stores, projecting almost $10 billion in yearly sales.

Key Five Below Stats:

Merchandise and Shoppers: Fickle Tweens Rule Here!

When entering the bright, buzzing Five Below locations, the tween and teen target market becomes immediately obvious. You’ll discover walls of smartphone cases, trendy room signs, candy station make-your-owns and every kind of squishy sensory toy imaginable.

The product mix shifts constantly to match adolescent taste and trends. However, you can typically find goods across the following categories:

Style: Accessories, beauty sets, jewelry, hair/nails

Room: Wall art, string lights, pillows, storage

Create: Crafts, slime/putty, paints, DIY sets

Play: Games, plush animals, action figures, outdoor

Candy/Snacks: Sweets, soda, seasonal, name brands

New Tech: Audio, electronics, phone gear, computer

Party: Tableware, banners, balloons, favors

This merchandise keeps young shoppers flooding in for new fads, while ambitions for rapid growth push managers to order first and assess item quality later. The result? Inconsistencies abound and certain products disappoint more than delight.

Now that we’ve set the scene, let’s dig into specifics on the frequent Five Below letdowns in terms of manufacturing, safety hazards and product defects.

Manufacturing and Safety – Made Cheaply in China Without Certifications

In efforts to offer everything under $5, most Five Below inventory gets mass produced at the cheapest possible factories in China and other overseas locations. Without any supply chain transparency or ethical manufacturing certification, social compliance and production quality controls remain questionable at best.

You‘ll notice missing safety seals on food and cosmetics, absent ingredient lists that identify allergens and general lack of compliance symbols commonly required for goods sold in the U.S.

When asking customer service about oversight for merchandise direct from Chinese suppliers entering American distribution centers, I received frustratingly vague answers about relying on the manufacturer’s integrity. Though agents claim all products undergo warehousing quality checks before store shipments, they could not provide specifics on these supposed safety inspections.

In my experience shopping multiple Five Below locations since 2017, identifying manufacturer details on packaging marks the exception, not the norm. And geo-tagging photos posted by other customers on social media pins most products as made in China without additional tracking information.

While Five Below refuses accountability for supply chain ethics, the onus falls to consumers to inspect merchandise closely for issues upon purchase. Now, let’s explore common product problems spotted frequently across categories.

Beauty Sets – Fun Packaging, Questionable Contents

For tweens first experimenting with makeup, Five Below offers play sets galore with radiant Disney princesses, glittery unicorns and every popular license under the sun promising hours of playtime fun. However, safety issues and premature breakage occur way too often.

Take this Ice Princess Makeup Set for example:

My Inside Look After Five Years of Five Below Shopping - 33rd Square (1)

  • Ice Princess Makeup Set – $5

What young girl wouldn’t adore the sparkly blue styling? Yet scarcely a week after giving this to my niece for her birthday, I received panicked calls from my sister when her daughter suffered adverse skin reactions from trying the glitter eye gel and suspect lip colors. The plastic mirror piece also cracked quickly, raising concerns about hazardous materials in the manufacturing.

Upon closer inspection, I should have heeded warning signs like the strong industrial scents, chalky pigments and lack of ingredient safety seals. However, the irresistible Disney theming and $5 cheap price tag clouded my better judgement.

In the future, I plan avoiding all cosmetics and skincare at Five Below no matter how cute the packaging appears. The bargains simply don‘t justify the risks.

Squishies – Soft Texture But Short Lifespan

Squishy collectibles fill entire Five Below aisles with seemingly endless novelty creatures, desserts, emoji shapes and more to squish your stress away. My youngest daughter fell hard for these sensory toys, even starting up trades with friends at school. And I’ll admit, the super soft, microbead-filled foam provides satisfying stress relief after long work days.

But most squishies disappointingly lose form and solidness rather quickly, going from risen to looking weaponized in weeks with ragged edges from frequent squeezing. Such short lifespan means continually re-upping our squishy supply which adds up costing more than better quality versions found elsewhere.

Truthfully, we probably luck out that most dollar store squishies flatten faster than a stomped whoopee cushion. At least this prevents hoarding hundreds of the microplastic-shedding toys like YouTubers with entire rooms devoted to decorative squishies. Given environmental impact, limiting squishy quantity ranks wiser.

drank Apparel – Fades and Shrinks Rapidly

Now onto clothing, where impossibly cheap prices sounds too good to pass up for trendy tops and loungewear sets from Five Below’s in-house brands. However, fabrication quality and durability issues become obvious shortly after that first wash.

I went through three disappointing shrink/fade cycles purchasing super soft drank leggings before conceding defeat. The buttery soft modal fabric felt divine during that initial wearing before rapidly bagging the next and requiring weekly trimmings to cut off the ragged hems.

My teenage step-daughter experienced similar issues with a popular drank cropped hoodie that looked hopelessly worn out after a month with cracked graphics and misshapen seams.

For the inevitable lifespan, better off admiring in-store than wasting money on poor quality apparel.

Final Verdict – Shop Smart & Carefully!

Overall, Five Below tempts shoppers with tantalizing bargains across hot product trends and novelty items in a vibrant, youth-centered shopping environment. However, scattered through the thrilling deals and discount heaven lie plenty of lemons too, especially with toys, electronics and fashion categories.

By familiarizing yourself with frequently problematic merchandise ahead of time, the informed shopper can still take advantage of Five Below fun while avoiding the pitfalls. Just keep quality expectations reasonable relative to rock bottom pricing, thoroughly inspect goods for safety issues and defects before purchase and avoid storage bins during flu season.

When applied thoughtfully, the Five Below shopping strategy makes for a fine frugal adventure! Just heed caution against limited-time only fads and know when to walk away.

Hopefully these Five Below tips and tricks I’ve gathered from the frontlines helps you become a savvier shopper at one of the nation‘s hottest bargain chains. Feel free to reach out with any other questions!

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Related

You May Like to Read,

  • The Ins and Outs of Buying Refurbished Tech from Discount Electronics
  • Happy Dance CBD Review: A Thorough Analysis of This Celeb-Owned Brand
  • The Ultimate 2023 Review of Coaster Furniture: Unbiased Research from a Furniture Expert with Over a Decade of Industry Testing Experience
  • The Complete Guide to Levity Home Furniture
  • My Surya Rug Review: Reflections After a Decade of Ownership
  • The Complete Modern Citizen Review: An Expert‘s Guide to the Chic and Sustainable Brand We Can‘t Get Enough Of
  • My Personal Review: Do Dr. Ho‘s Drug-Free Pain Solutions Really Work?
My Inside Look After Five Years of Five Below Shopping - 33rd Square (2024)

FAQs

What is the average square footage of a Five Below store? ›

Store format

The average Five Below store size is 8,000 square feet (740 m2). The store specializes mainly in carrying a wide variety of merchandise at a low price.

Who is the CEO of 5 below? ›

PHILADELPHIA, July 16, 2024 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced the appointment of Kenneth Bull as interim President and Chief Executive Officer (CEO), effective immediately.

Where is Five Below headquarters? ›

How many employees does Five Below have? ›

Just ask any of our over 20,000 associates who work at Five Below and they'll tell you there's no other place like it.

What is the most profitable retail store per square foot? ›

Average sales per square foot examples
  • Apple: $5500/sqft.
  • Tiffany's Co.: $3000/sqft.
  • Costco: $1638/sqft.
  • Walmart: $574/sqft.
  • Target: $300/sqft.

What is the average sales per store for five below? ›

In the financial year 2023, Five Below's average net sales per store amounted to approximately 2.5 million U.S. dollars, up slightly from the 2.4 million recorded a year earlier. As of that same year, the North American retailer operated over 1,500 stores across the United States.

How much debt does Five Below have? ›

Total debt by year
YearTotal debtChange
2021-01-31$1.11 B17.11%
2020-01-31$0.94 B
2019-01-31N/A
2014-01-31$19.5 M-43.48%
5 more rows

Why did Joel Anderson leave Five Below? ›

Anderson left Five Below as the discount retailer had been struggling with its core low-income shopper pinched by years of inflationary pressures, prompting the chain to cut its quarterly sales outlook on Tuesday.

Is Five Below growing? ›

Clear growth strategy

The company generated $3.6 billion of sales in fiscal 2023 (ended Feb. 3). That was a whopping 125% higher than just five years earlier.

Where is the biggest Five Below store? ›

World's Biggest #FiveBelow Grand Opening! THIS THURS. 9/10! @ 1529 Chestnut St., #Philadelphia, PA TWO floors of awesomeness, ginormous candyshop, double the tech & more!

What carrier does Five Below use? ›

All orders are shipped via standard shipping (FedEx Smart Post/UPS Sure Post). Non-Business Days are Saturday, Sunday and the following holidays/dates: Independence Day. Labor Day.

Who is the target audience of Five Below? ›

They target a demographic between the ages of 5 and 19, which is about a fifth of the U.S. population. This age group has a fair amount of disposable income but not a lot of places to spend it. Five Below fills that gap by offering a wide range of products, all priced at $5 or below.

Is it hard to get hired at 5 below? ›

Glassdoor users rated their interview experience at Five Below as 67.2% positive with a difficulty rating score of 1.78 out of 5 (where 5 is the highest level of difficulty).

How much does the CEO of Five Below make a year? ›

Five Below's CEO is Ken Bull, appointed in Mar 2023, has a tenure of 1.42 years. total yearly compensation is $4.19M, comprised of 17.2% salary and 82.8% bonuses, including company stock and options. directly owns 0.16% of the company's shares, worth $6.25M.

What is the youngest 5 below hire? ›

Yes, there is a minimum age requirement of 16 years old to work at Five Below.

What is the average square footage of a retail store? ›

Notably, small-format stores have been gaining ground on larger ones since 2009, which is when large-format size peaked at 10,516 square feet. Since then, square footage at U.S. retail stores has dropped 4.4%. The average size is now 10,051 square feet.

What is the average square footage of a small grocery store? ›

While the average size of a grocery store clocked in around 40,000 square feet a few years ago, many modern outlets are under 20,000 square feet—with some, such as Trader Joe's and Aldi, regularly measuring closer to 12,000.

How many square feet is the average convenience store? ›

While the average square footage of a convenience store is around 3200 square feet, Buc-ee's, a Texas-based chain with about forty stores currently, has a plan to build the largest c-store in America.

How many square feet is a department store? ›

Square footage varies depending on the type of shopping center. Department stores are around 250,000 square feet, a Walmart Supercenter usually comes in just below 200,000 square feet, grocers average about 30,000 square feet and drugstores are on average 15,000 square feet.

Top Articles
A Guide to the 5 Major U.S. Territories — Daily Passport
Everything You Need to Know About the Territories of the United States
Sarah Burton Is Givenchy's New Creative Director
Ksat Doppler Radar
Samsung 9C8
Rickrolling Link Generator
UK HealthCare EpicCare Link
Spanish Speaking Daycare Near Me
Schuylkill County Firewire
Convert Ng Dl To Pg Ml
nycsubway.org: The Independent Fleet (1932-1939)
Levidia 2019
Die 12 besten Chrome Video Downloader im Überblick
Northwell.myexperience
AT&T Mission | Cell Phones, Wireless Plans & Accessories | 2409 E Interstate Highway 2, Mission, TX | AT&T Store
Trizzle Aarp
Schwan's Expiration Date Decoder
Binny Arcot
Hellraiser 3 Parents Guide
The Guardian Crossword Answers - solve the daily Crossword
University Of Michigan Paging System
Txu Cash Back Loyalty Card Balance
Araxotok
Secret Stars Sessions Julia
Ihub Fnma Message Board
Pain Out Maxx Kratom
Fungal Symbiote Terraria
Black Adam Showtimes Near Linden Boulevard Multiplex Cinemas
Los Garroberros Menu
Frequently Asked Questions | Google Fiber
Kristen Stewart and Dylan Meyer's Relationship Timeline
Pokerev Telegram
Raya And The Last Dragon Voice Cast: Who's Voicing Each Character
Dicks Sporting Good Lincoln Ne
Holt French 2 Answers
Circuit Court Evanston Wy
Wolf Of Wallstreet 123 Movies
Tighe Hamilton Hudson Ma Obituary
R Mcoc
Osceola County Addresses Growth with Updated Mobility Fees
Metalico Sharon Pa
Pulaski County Busted Newspaper
DePaul joins nationwide pro-Palestinian college protests as encampment continues at University of Chicago
Sun Massage Tucson Reviews
Docagent Caesars Sign In
Swoop Amazon S3
Watch Races - Woodbine Racetrack
Basketball Stars Unblocked Games Premium
Craigslist Farm And Garden Lexington
Mecklenburg Warrant Search
Classic Forbidden Romance: 6 Reasons To Watch C-Drama “Love Between Fairy And Devil”
Latest Posts
Article information

Author: Dong Thiel

Last Updated:

Views: 6020

Rating: 4.9 / 5 (59 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Dong Thiel

Birthday: 2001-07-14

Address: 2865 Kasha Unions, West Corrinne, AK 05708-1071

Phone: +3512198379449

Job: Design Planner

Hobby: Graffiti, Foreign language learning, Gambling, Metalworking, Rowing, Sculling, Sewing

Introduction: My name is Dong Thiel, I am a brainy, happy, tasty, lively, splendid, talented, cooperative person who loves writing and wants to share my knowledge and understanding with you.