Five Below opens DC in Southern New Jersey to support future growth

Philadelphia -- Five Below will grand open a distribution center in Oldmans Township, New Jersey, on June 3, with shipping out of the new 1 million sq.-ft. center beginning in July.



Located in Pedricktown, N.J., the center will replace the company's existing 421,000-sq.-ft. facility located 12 miles away in New Castle, Delaware. Five Below will occupy approximately 700,000 sq. ft. of the facility to start, with plans to grow to a million square feet over time.



The new distribution center will support the retailer’s continued growth and expansion in the Eastern U.S.



The property is owned by NFI, a supply chain solutions provider headquartered in Cherry Hill, N.J. All of the current jobs at the New Castle facility will be transferred to the new Pedricktown facility.



"It is an exciting time for Five Below, as we continue to invest in our infrastructure to fuel the expansion and success of our brand," said Joel Anderson, CEO and president of Five Below. "The Eastern U.S. is an extremely important geography for Five Below and includes some of our highest volume stores. In addition, there is substantial store growth opportunity on the East Coast, which creates the need for increased distribution capacity.”