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Five Below targets Puerto Rico for next phase of growth

Discount chain plans first stores in US territory after reaching 47 states
Discount chain Five Below now has more than 2,000 stores in its fleet. (CoStar)
Discount chain Five Below now has more than 2,000 stores in its fleet. (CoStar)
CoStar News
September 3, 2026 | 5:20 P.M.

Fast-growing discount chain Five Below now has over 2,000 stores in 47 U.S. states and plans to expand into Puerto Rico next year as its trendy merchandise — including "squishy dumplings" — attracts young shoppers.

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