Five Below to open 85 stores in US

2 June 2016 (Last Updated June 2nd, 2016 18:30)

US-based speciality merchandise retailer Five Below plans to open around 85 stores this year.

US-based speciality merchandise retailer Five Below plans to open around 85 stores this year.

As part of this plan, it is set to open two stores in Oklahoma this month.

Five Below CEO Joel Anderson said: "On behalf of all of Five Below, I would like to say that we're so excited to be in Oklahoma.

"We can't say enough how thrilled we are to bring our brand to a new group of pre-teens and teens."

"We can't say enough how thrilled we are to bring our brand to a new group of pre-teens and teens."

With the opening of new stores in Oklahoma, it will have presence in 29 US states.

The chain currently has more than 450 stores across the US, and opened 71 stores last year.

Its stores sell an assortment of cellphone cases and chargers, remote control cars, licenced collectibles, yoga pants, graphic tees, nail polishes, baseballs, basketballs and candies. The items are priced $5 and below.

The products are categorised into Style, Room, Sports, Tech, Crafts, Party, Candy and Now.

Its stores stock products of brands such as Disney, Marvel, Pez, Lego and Crayola.