Five Below to Open New Store in Happy Valley

The discount chain store will open a sixth Phoenix location.
Five Below to Open New Store in Happy Valley
Photo: Five Below

Five Below, the discount chain with the “coolest stuff” in tech, home goods, beauty, games, and a next-level candy section, is coming soon to Happy Valley. It is currently under construction at 2501 W. Happy Valley Road at the Happy Valley Towne Center off I-17 in north Phoenix. 

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A building permit issued by the city late last week indicates that tenant improvements are still underway on the 9,000 square-foot retail space. Expect all-new everything from flooring to fixtures when this store finally opens this fall. 

Since its inception in 2002, Five Below has grown to boast more than 1,100 locations nationwide, including five in Phoenix proper and 16 stores throughout the Valley overall. Primarily aimed at teens and tweens, most items sold in Five Below are priced at five dollars or less. 

The store seeks out the “trendiest” and newest products on the market, making brands such as Spalding, Bluetooth, Hershey, Lego, Marvel, Disney and more affordable to their target market. Representatives for Five Below confirmed with What Now Phoenix that the grand opening is scheduled for late September.

For more information, visit

Five Below to Open New Store in Happy Valley
Photo: Five Below

Editor’s Note: This article has been updated with opening information from Five Below representatives.

Nadine Blanco

Nadine (she/her) is a What Now Media Group staff reporter with a background in online content creation, plus book and magazine publishing. In her free time, Nadine can be found at a bookstore, the beach, or a Padres game. Currently craving: a strong cup of coffee or a bowl of spicy ramen.
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