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Five Below to Add 150 Stores in 2025 (Is One Near You Opening Soon?)

Find out if the retailer is coming to a neighborhood near you.

five below store sign
Jenny Cohen
Sara Albertelli
By Jenny Cohen
and Sara Albertelli
Chris Kissell
Edited by Chris Kissell
Updated April 30, 2025
Fact checked

As discount retailers such as Family Dollar, Dollar General, and Big Lots struggle to keep locations open, Five Below is proving to come out ahead and plans to open 150 new locations this year. In March, Five Below, Inc. shared its 2024 fiscal year and fourth-quarter earnings in addition to its estimates for the first quarter of 2025. The results were impressive. 

Its 2024 fiscal year saw an increase in net sales by 8.9%, with the fourth quarter generating a 4% net sales increase. According to StockStory, this beat the Wall Street Journal's projections by about 3.3% and 1%. Five Below's stock also jumped by 12% following this news, though its shares still fell by over 63% this year overall. 

The retailer's success can be attributed to the many great deals it offers. It carries plenty of items for around $5 or less, including home goods, clothes, accessories, and beauty items. 

However, the number of Five Below openings is smaller than in years past, and tariffs could impose a threat to its stride. MarketWatch reports that 60% of its items are imported from China. With the new tariffs introduced by the Trump administration, Five Below could expect to pay much more for these imports, which could lead to a higher price tag for consumers. The retailer has already confirmed that prices of several goods will increase. 

While Five Below has not yet officially disclosed where all of the new locations will be, here are some that will open their doors soon and can help you keep more cash in your wallet.

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California

JHVEPhoto/Adobe Five Below store in Salt Lake City

  • 558 W Huntington Drive, Monrovia

  • 13644 Poway Rd, STE 102, Poway

  • 17180-G Bear Valley Road, Victorville

There are 146 Five Below stores in California, making it easy for most to visit the discount retailer. The Victor Valley Town Center store is slated to open tomorrow, the Huntington Oaks location on April 18, and the Poway City Center store on April 25.

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Florida

William A. Morgan/Adobe five below store in elmwood

  • 2500 W International Speedway Blvd, STE 500, Daytona Beach

  • 3469 S Congress Ave, Palm Springs

Florida leads the pack with 176 Five Below locations, making it the easiest state to find a store and help lower your financial stress by shopping at the retailer. Opening dates for both of these locations are on April 25. 

Maryland

Red Lemon/Adobe Five Below store exterior

  • 975 Beards Hill Road, STE 975, Aberdeen

The Beard's Hill Plaza store opens tomorrow, bringing the total to 53 locations currently in Maryland. 

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Shopping pro tip: This month's best deals

imtmphoto/Adobe woman with shopping bags at mall

May brings both warmer weather and major sales with the combo of Mother's Day (May 11) and Memorial Day (May 26). Here are some of the best deals to watch for:

  • Mattresses, furniture, and large appliances
  • Spring clothing clearance
  • Garden plants and outdoor furniture
  • For grocery savings, consider seasonal produce like strawberries, artichokes, and cherries.

Retailers are already prepping for summer while you're just enjoying spring, making May perfect to save money at your favorite retailers.

Oklahoma

jetcityimage/Adobe Five Below Store
  • 4617 NW 23rd St, Oklahoma City

This Windsor Hills store will open tomorrow, adding to Oklahoma's 23 Five Below store locations. 

Pennsylvania

jetcityimage/Adobe five below storefront
  • 2495 Aramingo Ave, Philadelphia

The date for this new location in Fishtown Crossings has not yet been announced. It is the 100th store to open in Pennsylvania. 

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Quick tips: How to travel or dine out without going broke

Kay A/peopleimages.com/Adobe woman packing suitcase for travel

Thoughtful planning can help you maximize your travel experience without draining your wallet. Here are some tips on how to balance your adventure with a budget:

  • Visit restaurants during happy hour or lunch for lower prices
  • Use cashback dining apps like Seated or credit cards with travel/dining rewards
  • Use price comparison tools like Hopper or Google Flights to track airfare drops
  • Book accommodations with kitchens to prepare some meals yourself

You never know where your most memorable moments will come from. So consider both the emotional and financial value of an experience to find the things that are truly worth your money.

Bottom line

Felix Mizioznikov/Adobe Five Below Store

Five Below is a great option if you are looking to save money shopping for good deals on home goods, clothes, and other items.

Even the items that cost more than $5 often represent good deals. So, if you want to really help out your bank account, check out Five Below.

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