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Shiny ‘Penny’: A new boutique store has opened in this popular Columbia neighborhood

A new Copper Penny location has opened at 743 Saluda Ave. in Columbia’s Five Points.
A new Copper Penny location has opened at 743 Saluda Ave. in Columbia’s Five Points. chtrainor@thestate.com

A popular women’s clothier has opened the doors on a new location in one of Columbia’s key retail and hospitality districts.

Copper Penny, which was founded nearly four decades ago and has several locations in the South, held the grand opening for a new spot Wednesday at 743 Saluda Avenue in Five Points. It’s right between Uptown Gifts and Bang Back Pinball Lounge.

The store’s opening was marked Wednesday with a ceremony with store representatives and local officials, including Mayor Daniel Rickenmann.

Copper Penny specializes in women’s clothing, including dresses, tops, pants and leggings, swimwear and more. The company also offers shoes, jewelry, accessories and gifts.

There are Copper Penny locations in Charleston, Mount Pleasant, Raleigh, Greenville and elsewhere. The company is based in Charleston and was founded in 1987.

Store manager Sarah Derrick, a Columbia native, has been working with Copper Penny for 6 years, first at the Greenville location, then in Mount Pleasant. Now she’s returned to her hometown to oversee the new spot on Saluda Avenue.

“Copper Penny has been dressing women for 38 years,” Derrick said Wedneday. “We are thrilled to be doing the same in Columbia.”

Five Points, the more than century-old village just east of the University of South Carolina, has continued to be a central capital city gathering spot with restaurants, bars, shops and more.

Rickenmann said he was pleased to see a clothier such as Copper Penny debut a new storefront there.

“I love having a mix of restaurant, retail and entertainment,” the first-term mayor said. “This brings another aspect of retail to the community. They’ve had a great reputation, wherever they’ve landed.”

Copper Penny opened a new location at 743 Saluda Ave. in Columbia’s Five Points on March 12, 2025.
Copper Penny opened a new location at 743 Saluda Ave. in Columbia’s Five Points on March 12, 2025. Chris Trainor chtrainor@thestate.com

This story was originally published March 13, 2025 at 5:00 AM.

Chris Trainor
The State
Chris Trainor is a retail reporter for The State and has been working for newspapers in South Carolina for more than 21 years, including previous stops at the (Greenwood) Index-Journal and the (Columbia) Free Times. He is the winner of a host of South Carolina Press Association awards, including honors in column writing, government beat reporting, profile writing, food writing, business beat reporting, election coverage, social media and more.
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