Milford, DE – Discount retailer Five Below is expanding, with a new store slated to open in Milford, Delaware later this year. The store will be located in the Milford Plaza Shopping Center at 654 N. Dupont Boulevard, with a tentative grand opening date of October 31, 2025. While construction delays are possible, the store is expected to become a local hotspot for affordable, trendy items. Five Below’s affordable product offerings, targeted at young shoppers, have made it a popular destination across the U.S. Founded in 2002 in Wayne, Pennsylvania, by David Schlessinger and Tom Vellios, Five Below started with the goal of creating a store where teens and pre-teens could shop for affordable, trendy products. The store’s original name, Cheap Holdings, Inc., was changed to Five Below in August 2002. The company grew rapidly and went public in 2012, reaching annual sales of $500 million by 2013. Five Below now boasts more than 1,700 stores nationwide. Its expansion continues with new store openings like the one in Milford, offering a wide variety of items priced at $5 or less, including a mix of home goods, toys, and personal care products.
One Reply to “Five Below Set to Open New Location in Milford This Fall”