How Five Below used AI to target tweens, cut costs | Jefferson City News-Tribune

General News

Summary

Five Below is using Invent.ai’s AI software to improve inventory planning and support its retail turnaround. The system helps the chain forecast demand, optimize stock levels, and reduce both stockouts and excess inventory. Five Below also uses the software to account for store-level differences such as location, theft risk, and product mix. The company is still dealing with tariff pressure and is looking for new suppliers in India and other markets. Invent.ai says the partnership shows how AI can replace rigid legacy planning systems with faster automated decisioning.

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Manufacturing Industry
applications
Business Intelligence

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Analytics Software AI/ML Platform Data Management Software

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SAS
$1M to $5M
Invent.ai
$10M to $25M