Five Below Gives New Fuel To Brick-And-Mortar Retail
Five Below in late March, via is newest financial release, disclosed that over the next year it plans to open “approximately 145 to 150 new stores,” while also “assuming an approximate 3 percent increase in comparable sales.”
For the chain’s recently completed fiscal year, comparable store sales increased 3.9 percent, and Five Below “opened 125 net new stores compared to 103 net new stores opened in fiscal 2017.”...
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