Five Below Springs Forward with 6 New Michigan Stores

  Five Below Springs Forward with 6 New Michigan Stores

Business Wire

PHILADELPHIA -- April 9, 2013

Five Below, Inc. (NASDAQ: FIVE), the leading retailer of extreme-value
merchandise for teens and pre-teens, will expand its presence in Michigan by
launching six new stores on April 12, 2013. Five Below’s recent track record
of successful openings in Michigan, combined with strategic real estate
opportunities, is fueling the growth. The six new stores will add to Five
Below’s current 18 Michigan locations and bring its selection of trend-right,
high-quality merchandise to new parts of western Michigan.

“Our Michigan customers have voted, and they’ve shown tremendous enthusiasm
for Five Below’s brand-name, trend-right merchandise for teens, pre-teens, and
shoppers of all ages,” said Tom Vellios, CEO and co-founder of Five Below. “In
opening these six stores, we’ll create new opportunities for local Michigan
communities to find a dynamic assortment of tech, fashion, beauty, crafts, and
seasonal must-haves, all priced at $1 to $5.”

The six stores will open in the following locations:

  *Fairplain Plaza at 970 E. Napier Ave., Benton Harbor, Mich.
  *Maple Hill Mall at 5210 West Main St., Kalamazoo, Mich.
  *Meridian Towne Center at 4904 Marsh Rd., Okemos, Mich.
  *West Valley at 3435 Tittabawassee Rd., Saginaw, Mich.
  *Crossings at Taylor at 23853 Eureka Rd., Taylor, Mich.
  *Waterside Marketplace at 50579 Waterside Dr., Chesterfield Township, Mich.

To celebrate the grand opening of the new stores, each new Five Below location
will give away a free Five Below t-shirt with any purchase to the first 300
customers through Friday, Saturday, and Sunday, April 12 to 14, and one
customer will win a $100 shopping spree. Five Below will kick off opening
weekend on Friday and Saturday with five-cent hot dogs and a number of other
contests and giveaways.

The new stores will be open on Monday through Saturday from 10 a.m. to 9 p.m.
and on Sunday from 11 a.m. to 6 p.m.

Five Below operates in 19 states, from New Hampshire to Georgia along the East
Coast to Illinois and Missouri in the Midwest. Five Below’s plan to open up to
60 new stores in 2013 will bring the number of locations to approximately 300.

About Five Below

Five Below is a rapidly growing specialty value retailer offering a broad
range of trend-right, high-quality merchandise targeted at the teen and
pre-teen customer. Five Below offers a dynamic, edited assortment of exciting
products, all priced at $5 and below, including select brands and licensed
merchandise across a number of category worlds. Five Below is headquartered in
Philadelphia. For more information, visit www.fivebelow.com.

Contact:

Five Below, Inc.
Press contact:
Gregory FCA
Denise DiMeglio
Account Supervisor
Main: 610-228-2102
Denise@GregoryFCA.com
 
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