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Five Below to open Manhattan flagship

Five Below is moving into the Big Apple in a big way.

The value-retailer, which targets tweens and teens with all merchandise sold for $5 or less, will open a flagship on Fifth Avenue in Manhattan this fall, the company confirmed with Chain Store Age. The store will be close to 11,000 sq. ft., and be located between 44th and 45th Streets.

"This is a unique opportunity for us to establish a presence in one of the world’s most iconic and popular shopping destinations and introduce new customers to the Five Below brand," CEO Joel Anderson told CNBC.
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