Hollar.com (assets)
2020
Why
E-commerce platform and fulfillment operations.
Five Below, Inc.
Specialty Value RetailFounded 2002- HQ today: Philadelphia, Pennsylvania
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Five Below Acquisitions
1
Major Deals Covered
What are Five Below's biggest acquisitions?
This page covers 1 major deal, each with its price where disclosed and the reason behind it.
- Major deals covered
- 1
- First deal
- 2020
- Most recent
- 2020
| Company | Year | Price | Purpose |
|---|---|---|---|
| Hollar.com (assets) | 2020 | Undisclosed | E-commerce platform and fulfillment operations. |
Five Below, Inc.'s Growth & Acquisition Strategy
Growth rests on three levers: opening about 150 net new stores a year toward a long-term U.S. potential of more than 3,500 stores; lifting comparable sales through curated product stories, simpler pricing, and more social and digital marketing; and improving margins through sourcing and cost leverage. In fiscal 2025 the chain entered Oregon and Washington, and it said it would reinvest tariff refunds in stores, digital capabilities, and sourcing.
How Five Below, Inc. Makes Money
Five Below makes money by selling low-priced merchandise through company-operated stores, which it leases in power, strip, and community shopping centers. Most items cost $5 or less; the Five Beyond section adds selected items above $5. The model depends on fast-turning, trend-driven assortments (licensed products, candy, toys, beauty, tech accessories) that create impulse purchases and repeat trips. Revenue grows two ways: new stores (150 net openings in fiscal 2025) and comparable-store sales (up 12.8% in fiscal 2025). E-commerce, buy-online-pick-up-in-store, and third-party delivery are small add-ons to the store-led model.
Five Below Acquisitions FAQ
Has Five Below acquired other companies?
Five Below has not made notable company acquisitions. It grows organically by opening new company-operated stores, 150 net new in fiscal 2025.
Does Five Below own other brands or subsidiaries?
Five Below operates a single store banner. Five Beyond is a section inside its stores, not a separate company.
Does Five Below acquire other stores?
Historically, no. Unlike Dollar Tree (which bought Family Dollar), Five Below relies almost entirely on massive organic growth. Their corporate strategy is simply finding empty real estate in massive suburban strip malls, painting the interior bright white and blue, and opening a new location.
Related M&A Histories
Compare corporate acquisition records, deal values, and strategic targets
Explore Five Below
Core profile pages, founders and related research hubs for this company.