Discount retailer Five Below to add Phoenix location at Desert Ridge
PHOENIX – Youth-oriented discount retailer Five Below will be setting up shop at Desert Ridge Marketplace later this year, the north Phoenix shopping center announced Friday.
Fast-growing Five Below offers tech gadgets, candy, beauty kits and a wide variety of other items from brands such as Disney, Nickelodeon, Lego and Pez, with nothing priced at more than $5.
“Five Below places emphasis on experience-driven retail, which nicely aligns with our goal of providing guests unique shopping opportunities in the north Valley,” Jenny Cushing, vice president of leasing at Vestar, said in a press release.
According to the Philadelphia-based company’s website, it’s planning to open its first five Arizona stores this year, all in the Valley, including one at Tempe Marketplace.
The Desert Ridge location is scheduled to open this fall in a 9,000-square-foot space near Marshalls, HomeGoods and Old Navy on the north side of the complex.
Desert Ridge is home to more than 100 retailers and restaurants north of the Loop 101 at Tatum Boulevard.