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Predatory pricing
Survey Says: Five Below Has the Better Deals. GOBankingRates conducted a survey of nearly 1,000 American adults (ages 18 and up) to determine which retailer they think has the better deals. These ...
Five Below, Inc. Five Below, Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25. [5] Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens. [3]
Five Below and Dollar General are the latest retailers taking a hit on profits due to increased levels of theft, or "shrink."Discount retailer Dollar General's stock sank 12% to close at $138.50 ...
On the bottom line, Five Below's results also disappointed, as operating income fell from $42.4 million to $36.2 million, and earnings per share dipped from $0.67 to $0.60 after adjustments, which ...
Pricing strategies
Five Below reported that its sales for the 10-week period ended Saturday increased by 9.5% compared with the first 10 weeks of the second quarter ended July 8, 2023.