A discount retailer new to the Tri-Cities is set to move into the former Party City space in Richland’s Queensgate shopping district. 

Philadelphia-based Five Below acquired 44 of Party City’s building leases when they were sold at auction as the company was dissolved through bankruptcy earlier this year, according to ConnectCRE. That included the Richland store and six other locations in Washington state which the company, which currently has no Pacific Northwest presence, will use to expand into the region. 

A Five Below representative confirmed to the Tri-Cities Area Journal of Business that its Richland store has a tentative opening date of Oct. 24. 

"This date is subject to change, as construction does have its hiccups," the representative said in a statement.

The company has more than 1,800 stores nationwide with most of its items priced between $1 and $5 and some above $5 in categories such as crafts, home decor, technology and sports. Five Below’s Sales in fiscal year 2024 were $3.88 billion.