Business Digest


May 23, 2007

Five Below chain due in Columbia

Five Below, a national retail chain that markets products priced between $1 and $5, has signed leases for three new locations: Gateway Overlook in Columbia, Crossroads Square in Westminster and Festival at Bel Air in Bel Air. The stores will open simultaneously during a grand opening weekend that begins June 1.

The Philadelphia-based chain operates 56 stores in Delaware, New Jersey Pennsylvania and Virginia, as well as nine in the Maryland region. It is scouting sites with its regional leasing representative, KLNB Retail, for 10 more stores in the Maryland-District of Columbia market.

The stores target teens and preteens who are able to spend their own money and make small but frequent purchases. Each store is segmented into merchandise categories that include Candy, Crafts, Media, Now, Party, Room, Sports and Style.

The chain -- which was started in 2002 by entrepreneur David Schlessinger, founder of Encore Books and Zany Brainy, and Tom Vellios, Zany Brainy's former chief executive officer -- carries licensed and brand-name merchandise that includes Adidas, Spalding, Hello Kitty, SpongeBob SquarePants and Family Guy.

Trade show set at Laurel track

The Baltimore-Washington Corridor Chamber of Commerce and the Network Referral Group have announced "The Star Spangled Business To Business Trade Show," to be held from 9:45 a.m. to 3 p.m. June 6 at the Laurel Race Track's Carriage Room.

A Power Networking Breakfast is planned from 7:30 a.m. to 9:30 a.m. in the Terrace Dining Room at the racetrack.

The show offers an opportunity for businesses to promote their products and services to commercial consumers. Trade show booths are available; they must be purchased by Friday.

Information: Arlinda Andrews, 301-725-4000, or

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