Teen-focused discount retailer eyes Tennessee entry

Philadelphia-based Five Below, which markets games, knick-knacks and accessories for less than $5 to teens and pre-teens, wants to break into Tennessee. Execs want to open five stores by the middle of this year — details to come soon, they say — and service them from their distribution center just south of Memphis. The company (Ticker: FIVE) runs more than 300 stores in 19 states.