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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 10, 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

April brings not just warmer weather and sunnier days, but also excellent shopping opportunities. With Easter happening on April 20, retailers will offer significant discounts on seasonal items at the end of the month, while also preparing for graduations, weddings, and spring cleaning season.

Here are some of the best deals to watch out for:

  • Cookware sets on sale for graduation and wedding season
  • Winter clearance items like coats and sweaters at end-of-season prices
  • Spring cleaning supplies with potential BOGO offers at stores like Target
  • Air conditioners before peak summer demand drives prices higher
  • Lawn care equipment as homeowners prepare for the growing season
  • Post-Easter candy and ham at deeply discounted prices once the holiday has passed
  • For grocery savings, consider seasonal produce like asparagus, broccoli, and spinach, which will be at their freshest and most affordable.

Remember that retailers are always thinking a season ahead. They're already preparing to get rid of spring merchandise while you're just getting ready to enjoy it. This makes April a great time to find budget-boosting deals of all kinds and 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. 

Don't Miss: 9 ways to tackle high grocery costs you won't hear about from your grocery store

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

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

When it comes to enjoying things like travel and dining out, thoughtful planning can help you maximize your experience without draining your wallet. These discretionary expenses often consume a significant portion of many budgets. The key is finding the balance between treating yourself and maintaining your overall financial health.

Here are some tips on how to find that balance:

  • Visit restaurants during happy hour or lunch for similar food at lower prices
  • Join restaurant loyalty programs and subscribe to email lists for special offers
  • Use cashback dining apps like Seated or credit cards with travel/dining rewards
  • Consider traveling during shoulder seasons when prices drop but weather is still pleasant
  • Use price comparison tools like Hopper or Google Flights to track airfare drops
  • Book accommodations with kitchens to prepare some meals yourself while traveling

Some of the most memorable moments can come from a meal shared with friends or a budget travel experience that takes you somewhere truly unique. Consider both the emotional and financial value of an experience so you can 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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Jenny Cohen

Author Details

Jenny Cohen

Jenny Cohen is a freelance writer who has covered a bit of everything, from finance to sports to her favorite TV shows. Her work has been featured in The Wall Street Journal, USA Today, and FoxSports.com.
Sara Albertelli

Author Details

Sara Albertelli

Sara Albertelli is an editorial assistant at FinanceBuzz with expertise in content strategy, writing, and audience engagement. With a strong background in journalism, she has contributed to top publications like Rochester Women Magazine and The Florida Times-Union, including several front-page features. Sara holds a master’s degree in English, rhetoric, and composition.

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