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Report: Five Below heads to the California coast

5/11/2018
Five Below is about to enter San Diego.

The teen and tween extreme value retailer will open the doors to its first store in August, and a second location will follow the first half of 2019, according to the San Diego Union-Tribune.

Based on the company’s prices and rotating selection of kid-friendly products, Five Below’s entry into the San Diego market will put pressure on other dollar stores and mass merchants, such as Target and Walmart, within a five- to 10-mile radius of its stores, the report said.

The locations are expected to be a hit among the area’s large military community, which is comprised of families who are always in search of value items, Miro Copic, a marketing professor at San Diego State University, said in the report.

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