Five Below, a value store where everything costs $5 or less, will open a location on Fifth Avenue in New York City on November 2.
The company hopes to capitalize on “the void left by once dominant toy purveyors and other retailers.” The two-story store will be 11,000 square feet and stocked with thousands of toys, iPhone accessories, games, beauty products, and clothing.
This will be the first Manhattan location for the store, which will have more than 750 locations by the end of the year.