Five Below CEO Joel Anderson resigns

Quick Summary:

The executive left “to pursue other interests” and will be replaced by COO Ken Bull in the interim.

The discount retailer also cut its Q2 guidance.

Shrink led Five Below to scale back its self-checkout offering.

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Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets: United States

Topics: Store Performance Growth Feldman Scale Period Year Bull Company Five Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 12:34:00 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 21666942

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About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 7 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 20 hours ago

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