Five Below to enter Houston with eight stores

Houston -- Extreme-value teen retailer Five Below will make its Houston debut on June 6, opening eight stores in and around the city.



The company currently has 15 stores in the Dallas and Austin markets. Last year, the Philadelphia-based retailer opened 60 new stores, and has plans to open approximately 60 stores this year. With the Houston openings, there will be 338 Five Below stores in 20 states throughout the country.



"We all know that you have to go big in Texas, and that's what we're doing by opening eight new stores in one day in Houston," said Thomas Vellios, CEO and co-founder of Five Below. “We've had tremendous success in our other Texas stores, and we expect Houston to get hooked on Five Below, as well."



Founded in 2002, Five Below has expanded rapidly over the past few years. In March, the company entered Nashville with three new stores and followed it up with two additional stores in Tennessee.