Five Below considers a harsh change amid threat of tariffs
The discount retail chain is weighing all of its options as tariffs threaten sales.
Five Below (FIVE) , famous for pricing most of its products at $5 or less, recently revealed that it faced an unexpected dip in sales during the 2024 holiday season, one of the most critical times of the year in retail.
The company’s fourth-quarter earnings report for 2024 revealed that despite opening 22 new stores during the quarter, its comparable sales decreased by 3% year-over-year.
