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Five Below, a Discount Store Targeting Teenagers, Opens on 48th Street

Photo: QueensPost

July 7, 2014 Staff Report

It’s a cut above a 99 cent store.

Five Below, a retail store that targets the teen and pre-teen market, opened late last month at 34-41 48th Street. It takes over the space that was previously occupied by Closeout Paradise.

The store, which sells merchandise for between $1.00 and $5.00, features items such as sporting goods, fashion accessories, school supplies and iPhone accessories.

The new store is part of a chain, which consists of more than 300 stores nationwide.