Five Below sets sights on Florida

Teen and pre-teen retailer Five Below has big plans to bring its brand of extreme value retail to the Sunshine State.



The company will hold a grand opening of its first store in Miami on March 2, giving it a total of 15 locations in the state, and said over time is expects to open 100 more stores. This store is located at Causeway Plaza, 12195 Biscayne Blvd, North Miami.



“Entering Miami is an important step as we continue to expand our rapidly growing footprint in Florida,” said Joel Anderson, CEO of Five Below. “We’re so excited to introduce new Miami customers to our brand in this dynamic city. Teens and kids looking for a fun place to shop for trend-right, high quality products, at an amazing $1-$5 price point, will love Five Below. This new store is another great addition to our 14 Florida stores. We anticipate opening an additional 100 plus stores in this great state.”



The Philadelphia-based company is one of the fastest growing retailers in the country with 437 stores in 27 states. The Miami location is the first of approximately 85 new Five Below stores opening in 2016, on top of the 70 stores that opened in 2015.



Five Below products are grouped into one of eight in-store worlds defined as: Style, Room, Sports, Tech, Crafts, Party, Candy and Now.