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. We offer a dynamic, edited assortment of exciting products, all priced at $5 and below, including select brands and licensed merchandise across a number of our category worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal (which we refer to as “Now”). We believe we are transforming the shopping experience of our target demographic with a unique merchandising strategy and high-energy retail concept that our customers consider fun and exciting. Based on management’s experience and industry knowledge, we believe our compelling value proposition and the dynamic nature of our merchandise offering has fostered universal appeal to teens and pre-teens, as well as customers across a variety of age groups beyond our target demographic.
Five Below
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3.5
Overall Excellence Rating
Industry
RetailCategory
Department, Clothing & Shoe StoresESG/Ethical Impact
Our environmental, social and governance (ESG) initiatives are grounded in our heart & soul, the essence of who we are and what binds us as one adopted family. Our heart & soul is made up of our most deeply held purpose, beliefs, values and behaviors. It’s all things inspiring, amazing, and fun – our building blocks to long-term health and growth. .In 2022, Five Below conducted a scope 1 and 2 greenhouse gas inventory. We are working with a third-party ESG consultancy to analyze the results. In 2022, we opened a new ShipCenter in Indiana, geographically located to help maximize efficiencies across the network and reduce delivery distance to stores. Additionally, we implemented a new fuel methodology, allowing us to manage our third-party carriers’ fuel consumption and emissions, and through Global Logistics optimization and utilization measures, we shipped 600 fewer containers in 2022. We use an energy/building management system (EMS/BMS) to monitor consumption across our stores and our two newest ShipCenters in Arizona and Indiana. All appliances within our stores are Energy Star rated. All stores, corporate-owned ShipCenters and WowTown are outfitted with LED lights. Our corporate-owned ShipCenters also use sensor technology to maximize energy efficiency. As a part of our broad product assortment, we offer textiles produced from recyclable and recycled materials, as well as various Fair Trade-certified products. Additionally, we sell organic products, for example within snacks and personal care items. We work hard to earn their trust and wow them with amazing experiences, products and value at every turn. The number of part-time crew fluctuates depending on seasonal needs. We are in the top quartile of companies in overall crew engagement, according to Gallup. None of our crew belong to a union or are party to any collective bargaining or similar agreement. Our board of directors is diverse in its expertise and experience, with 11 members who have unique perspectives and backgrounds. Three of its members represent ethnic minorities and three of its members identify as female. The board of directors and its Nominating and Corporate Governance Committee will continue to consider diversity in a variety of forms as it evaluates board composition in the future.
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Awards Received
2023
Revenues
$2,940,000,000.00
Website Traffic
Employee Rating
3.3
Customer Rating
3.4
Company Size
10000+
ESG Risk Rating
4