
10,000+ employees
Founded 2002
🛒 Retail
👥 B2C
🛍️ eCommerce
💰 $194M Private Equity Round on 2010-10
Retail • B2C • eCommerce
Five Below is a retail store with a mission to provide an amazing shopping experience where tweens, teens, and beyond can enjoy unlimited possibilities at incredibly low prices. Known for its vibrant culture and strong values, Five Below emphasizes fun and creativity in its offerings, creating a unique environment for both customers and employees. With over 20,000 associates, the company focuses on a collaborative and inspiring workplace culture.
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10,000+ employees
Founded 2002
🛒 Retail
👥 B2C
🛍️ eCommerce
💰 $194M Private Equity Round on 2010-10
Retail • B2C • eCommerce
Five Below is a retail store with a mission to provide an amazing shopping experience where tweens, teens, and beyond can enjoy unlimited possibilities at incredibly low prices. Known for its vibrant culture and strong values, Five Below emphasizes fun and creativity in its offerings, creating a unique environment for both customers and employees. With over 20,000 associates, the company focuses on a collaborative and inspiring workplace culture.
• Execute a comprehensive and strategic real estate market plan throughout the real estate lifecycle for the assigned territory. • Collaborate with broker teams and analytics, real estate, construction, design, facilities, finance, and asset management stakeholders. • Support successful store launches from site identification through opening and the store lifecycle. • Select sites for new stores and existing-store repositioning opportunities. • Manage local real estate broker teams and third-party service providers. • Conduct field tours of potential and existing locations. • Negotiate LOIs and leases with legal counsel and the Senior Manager. • Manage multiple LOI and lease negotiations to achieve growth targets. • Prepare LOIs, site approval packages, financial reports, analyses, and site-submittal packages for Real Estate Committee meetings. • Present proposed site approval packages at monthly Real Estate Committee meetings. • Travel frequently within the assigned territory to assess retail trade areas, traffic and retail patterns, demographics, market shifts, and future opportunities. • Communicate with operational partners and present strategy and priorities for new stores and relocations. • Develop and maintain relationships with developers and manage external business-partner expectations. • Represent Five Below at select Regional and National ICSC Conventions. • Assist with ad-hoc real estate projects.
• Bachelor’s or Master’s Degree in Business Administration or a real estate/finance-related concentration is preferred. • 3+ years of experience in retail real estate is required. • 1+ years of experience in market planning, site selection, and deal negotiation. • Experience managing third-party service providers, including local-market brokers and outside legal counsel. • Superior communication, presentation, analytical, and problem-solving skills. • Strong negotiation and transaction-management skills. • Ability to work in an ambiguous environment, solve problems, and manage change. • Ability to recall information easily. • Self-motivated, with critical attention to detail and deadlines. • Strong understanding of real estate practices and related legal principles. • Must be able to travel frequently.
• Health coverage • Financial wellness support • Personal wellness support • Reasonable accommodations for individuals with disabilities
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