Fast-growing Five Below keeps getting bigger

Extreme-value tween and teen retailer Five Below enters a new market on April 1, with the opening of three stores in Louisiana.



“Entering Louisiana is an important step as we continue to expand our rapidly growing footprint across the country,” said Joel Anderson, CEO of Five Below, which operates 444 stores in 27 states.



The stores in Louisiana are located in the towns of Covington, Lafayette, and Slidell. They are included in the 85 new locations Five Below has planned for 2016. In 2015, the chain opened 71 stores.



Catering to pre-teens, teens and beyond, Five Below carries a broad array of merchandise, with no item priced over $5. Products are grouped into one of eight departments: Style, Room, Sports, Tech, Crafts, Party, Candy and Now.