Business
Five Below and Kids In Need Foundation Celebrate Success of Fifth-Annual Backpack Donation Campaign
With the continued help of the Company’s incredible customers, Five Below has now provided more than 1.5 million backpacks for under-resourced students
About this update from Five Below, Inc.
[{"type":"text","content":"With the continued help of the Company’s incredible customers, Five Below has now provided more than 1.5 million backpacks for under-resourced students\nPHILADELPHIA, PA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ: FIVE), the trend-right, extreme-value brand for tweens, teens and beyond, is thrilled to announce that more than 345,000 backpacks have been collected for under-resourced students as part of the Company’s fifth-annual donation campaign in partnership with Kids In Need Foundation (KINF). The campaign, which took place in-store and online from August through the end of back-to-school season, allowed Five Below’s loyal customers to donate a $5 backpack to a student in an underserved school, and once again they went above and beyond, showing their incredible generosity and support for KINF and the communities it serves. “As the home of the $5 backpack, we could not be more honored to have once again joined forces with Kids In Need Foundation for the fifth year in a row and to serve once again as the organization’s National Backpack Sponsor,” said Michael Romanko, Chief Merchandising Officer of Five Below. “Like our colleagues at KINF, we believe that the empowering and symbolic nature of a new backpack is an important means of helping students succeed in their education, and we could not be more grateful to our loyal customers for their continued generosity when it comes to supporting the organization and its important mission.” Five Below and Kids In Need Foundation began collaborating in 2018, with the shared goal of positively impacting the lives of students by providing school supplies and resources across the country. As part of this important partnership, KINF National Backpack Sponsor Five Below has now provided more than 1.5 million backpacks to-date to under-resourced students. “As our National Backpack Sponsor, Five Below continues to show their strong commitment to ensuring students have the resources they need for school,” said Corey Gordon, CEO of Kids In Need Foundation. “Having essential supplies like backpacks help students feel better prepared for school and to learn, boosting their self-esteem and confidence. We are grateful that Five Below understands it’s more than just a backpack.” To find out more about Five Below or to locate a nearby store, please visit FiveBelow.com. About Five Be...