Five Below image via flickr user Mike Mozart
Written by The Business Journal Staff
Tenant improvement work has begun on the latest Five Below store in the Central Valley — this one at Fashion Fair Mall in Fresno.
The store will be located in the former Charming Charlie space, reported The Fresno Bee.
The tenant improvement is valued at $166,880, according to a construction permit from the City of Fresno.
Five Below specializes in selling items $5 and under and is billed as a “teen and tween value retailer.” Bolstered by strong sales, Five Below is on a building spree, with plans to open up to 150 new stores in fiscal 2019. It opened 125 new locations last year, and currently has about 750 stores in 33 states.
The Valley’s first Five Below store opened in March in Visalia. The Business Journal has also reported on additional locations planned for the Marketplace at El Paseo and River Park shopping center in Fresno.