Variety Wholesalers Explained

Variety Wholesalers, Inc.
Type:Private
Industry:Retail
Foundation: in Henderson, North Carolina, U.S.
Founder:John William Pope
Location City:Henderson, North Carolina
Location Country:U.S.
Locations:380 stores in the southeastern US
Key People:Art Pope, CEO
Revenue:US$1.5 billion (2021)
Num Employees:~ 7,000 (2021)
Subsid:Variety Stores, Inc.

Variety Wholesalers, Inc., is a privately held company based in Henderson, North Carolina, which owns more than 380 retail stores in the Southeast and Mid-Atlantic United States under the banners Roses and Maxway. The company employs more than 7,000 workers.

History

It originated in 1930 as a small group of retail stores owned by the Pope family. In 1949, John William Pope took over the family business, and starting in 1970, the company expanded by purchasing a number of other retail chains, including the Roses and Maxway stores, to become one of the largest in the US.

The company is still privately owned by the Pope family, and its current CEO is Art Pope.[1]

Organization

The Company has three main divisions:

Maxway stores, which consists of 135 stores in the "junior department store" competitive market. The size of these stores range from 10,000 square feet to 30,000 square feet, and operate under the Maxway and Roses Express banners.

Super 10 consists of 85 stores. Their size ranges from 5,000 to 10,000 square feet. These stores operate under the names "Super Dollar," "Bill's Dollar Stores," "Super 10", and "Bargain Town". Roses stores have 160 locations and are competitive with "discount" and "off-price" stores. These range in size from 30,000 square feet to 70,000 square feet.[2]

External links

Notes and References

  1. Web site: Dec 2, 2013 . N.C. budget director briefly debates a top critic . 2013-12-23 . https://web.archive.org/web/20131224094415/http://www.charlotteobserver.com/2013/12/02/4514558/nc-budget-director-briefly-debates.html . December 24, 2013 . dead . mdy-all.
  2. Web site: About Variety Wholesalers . www.vwstores.com . dead . https://web.archive.org/web/20150815010018/http://www.vwstores.com/page/show/id/6528 . 2015-08-15.