Retail retailer closures have been a typical story in 2025. This month alone, the U.Ok.-based way of life and attire chain FatFace announced that it would shutter its remaining shops in America. And simply this week, tween accent and attire chain Claire’s listed hundreds of store closures in a revised chapter submitting.
However at the very least one retailer has been bucking the development of closures. Specialty low cost chain 5 Under has introduced that it plans to open round 150 new shops throughout its fiscal 12 months 2025. The corporate, which has been popular with Gen Z shoppers, seems to have an edge over a few of its rivals as customers who’re apprehensive about financial instability rein of their spending.
Listed here are the upcoming areas, together with key particulars concerning the openings.
5 Under pronounces 150 new shops for 2025
Yesterday, 5 Under, Inc. (Nasdaq: FIVE) reported its second-quarter earnings for fiscal 2025. For probably the most half, the corporate had a superb quarter. Listed here are crucial metrics it reported for the three-month interval ending August 2:
- Internet gross sales: $1.02 billion (up 23.7% from the identical quarter a 12 months earlier)
- Internet revenue: $42.8 million (up from $33 million in the identical quarter a 12 months earlier)
- Adjusted diluted revenue per widespread share: 81 cents (versus 54 cents in the identical quarter a 12 months earlier)
Saying the outcomes, 5 Under CEO Winnie Park stated they “exceeded our gross sales and earnings expectations” and demonstrated “the effectiveness of our technique and are a testomony to the exhausting work, dedication, and tight collaboration of our groups throughout the corporate, particularly in an ever-changing tariff atmosphere.”
Along with the above numbers, 5 Under additionally introduced that it opened 32 internet new shops through the quarter, bringing the corporate’s whole variety of areas to 1,858 shops throughout 44 states. For the primary half of its fiscal 2025, the corporate has now opened 87 internet new shops.
It additionally revealed that for its present third quarter, it expects to open one other 50 or so internet new shops. For all of fiscal 2025, it expects to open roughly 150 internet new shops.
With 87 of these areas already opened, meaning 5 Under expects to open round a further 63 areas over the past six months of its fiscal 2025.
The place are the upcoming 5 Under shops?
5 Under didn’t present a full listing of the areas for its upcoming shops. Quick Firm reached out to the retailer for extra particulars and can replace this publish if we hear again.
Nevertheless, 5 Under does listing some of its upcoming locations on its web site. As of Thursday, these areas consisted of 23 shops throughout 18 states. The opening dates for these areas are August 29 or September 5, 12, 19, or 26, relying on the venue.
Alabama
- 66 Market Terrace, Suite 600, Oneonta, AL 35121
- 2759 Jap Boulevard, Montgomery, AL 36117
Arizona
- 7515 West Encanto Boulevard, Suite 10, Phoenix, AZ 85035
Arkansas
- 2203 S Promenade Blvd, Suite 20415, Rogers, AR 72758
California
- 3902 Missouri Flat Rd, Placerville, CA 95667
- 580 Francisco Blvd W, San Rafael, CA 94901
Florida
- 2539 Countryside Boulevard, 7A, Clearwater, FL 33761
Georgia
- 853 Rowland Drive, Moultrie, GA 31768
- 249 Robert C. Daniel Jr. Parkway, Augusta, GA 30909
- 1892 Mount Zion Street, Morrow, GA 30260
Illinois
- 5247 IL Route 251, Peru, IL 61354
- 450 River Oaks West, Calumet Metropolis, IL 60409
Indiana
- 2363 Hwy 135 NW, Suite 113, Corydon, IN 47112
Iowa
- 501 Bass Professional Dr, Suite 400, Altoona, IA 50009
Maryland
- 5600 The Alameda, Baltimore, MD 21239
Michigan
- 5114 twenty eighth Road SE, Suite A, Grand Rapids, MI 49512
Mississippi
- 194 Covenant Dr., Batesville, MS 38606
Missouri
- 21 Conley Street, Columbia, MO 65201
New Jersey
- 3131 John F. Kennedy Blvd, Suite B, Union Metropolis, NJ 07087
New York
- PRELIM: 2255 E Ridge Rd, Irondequoit, NY 14622
Ohio
- 141 Wooster Rd N, Barberton, OH 44203
Tennessee
- 1633 Decatur Pike, Athens, TN 37303
Wisconsin
- 1501 N Broadway St, Suite #5, Menomonie, WI 54751
5 Under inventory value rises
After 5 Under introduced its earnings yesterday, shares of the low cost retailer are rising in premarket buying and selling this morning, as of the time of this writing.
At the moment, FIVE inventory is up over 4.5% to $151 a share. FIVE shares closed up 1.71% yesterday.
Earlier than in the present day’s premarket rise, FIVE shares had jumped greater than 37.5% for the reason that 12 months started. Over the previous 12 months, FIVE shares have surged 75% as of yesterday’s shut.
Its continued opening of recent shops is an indication that the corporate’s management has religion in its progress trajectory, whilst retailers throughout America are closing their doorways.
Earlier this 12 months, Coresight Analysis forecast that roughly 15,000 retail locations throughout America would shut in 2025, whereas round 5,800 would open. With 5 Under’s continued retailer enlargement, it’s clearly within the latter group.
