TX: Retailer Five Below Opens New Store, Distribution Center in Texas | Trade and Industry Development

TX: Retailer Five Below Opens New Store, Distribution Center in Texas

Sep 24, 2020
Retailer Five Below recently opened its 1,000th store in Houston, marking the company's 111th store in Texas and 15th in the Houston metro area. 
 
The company also recently opened a new distribution Center, in Conroe, Texas. The approximately 850,000-sq.-ft. center services more than 170 stores in the Texas, Southwest, and West Coast markets.
 
The chain recently reported a strong second quarter during which it opened 63 new stores — compared to 44 in the same period last year — for a total of 982 stores in 38 states.
 
Five Below plans to open 110 to 120 net new stores in 2020 and remodel approximately 45 locations.
 
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