Five Below, Inc. operates a chain of retail stores in the United States. It offers sporting goods, games, wearables and jewelry, collectibles, bath and body products, candy, snacks and beverages, room décor and storage products, stationery and school supplies, computer software, books, electronic accessories, novelty and gag items, and seasonal items. The company serves teens, pre-teens, and value-minded consumers. Five Below, Inc. was formerly known as Cheap Holdings, Inc. The company was founded in 2002 and is headquartered in Philadelphia, Pennsylvania. It operates stores in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, Pittsburgh, and Rhode Island, as well as in Brooklyn, Fairview Park, Macedonia, Mayfield Heights, Stow, and Strongsville.