Variety Wholesalers
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Variety Wholesalers
Variety Wholesalers, Inc., is a privately held company based in Henderson, North Carolina, which owns more than 380 retail stores in the southeast including the Roses and Maxway stores, and 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 James Arthur Pope (born May 5, 1956) is an American businessman, attorney and former government official. Pope is the owner, chairman and CEO of Variety Wholesalers, a group of 370 retail stores in 16 states. He is also the president and chairm .... Organization The Company has three main divisions: ''Maxway'' stores, which consists of 135 stores in the " ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Henderson, North Carolina
Henderson is a city and the county seat of Vance County, North Carolina, United States. The population was 15,060 at the 2020 census. History The city was named in honor of former North Carolina Supreme Court Chief Justice Leonard Henderson, who lived nearby and was a friend of early settler Lewis Reavis. Henderson was officially chartered by the North Carolina General Assembly in 1841. Prior to the creation of Vance County in 1881, Henderson was located in far eastern Granville County. Ashland, Henderson Central Business Historic District, Henderson Fire Station and Municipal Building, Library and Laboratory Building-Henderson Institute, Mistletoe Villa, Maria Parham Hospital, Daniel Stone Plank House, Vance County Courthouse, West End School, Zollicoffer's Law Office, and Barker House are listed on the National Register of Historic Places. Geography According to the United States Census Bureau, the city has a total area of , of which is land and 0.12% is water. H ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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Art Pope
James Arthur Pope (born May 5, 1956) is an American businessman, attorney and former government official. Pope is the owner, chairman and CEO of Variety Wholesalers, a group of 370 retail stores in 16 states. He is also the president and chairman of the John William Pope Foundation. He previously served in the North Carolina House of Representatives and recently served as the Budget Director for North Carolina Governor Pat McCrory. He founded the American conservative North Carolina think tank the Civitas Institute and co-founded the John Locke Foundation and the James G. Martin Center for Academic Renewal. Pope's family foundations contributed millions of dollars to conservative causes, both nationally and in his home state. Early life and education Pope was born May 5, 1956, in Fayetteville, North Carolina, to John W. and Joyce Wilkins Pope. He spent his early childhood in the town of Fuquay-Varina, North Carolina. He moved with his family to the capital city of Raleigh, Nort ...
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Roses (store)
Roses Discount Stores (originally known as Rose's 5¢ 10¢ 25¢ Stores) is a regional discount store in the United States with its headquarters in Henderson, North Carolina. The chain has stores in fifteen states, primarily in the South. Roses was purchased by Variety Wholesalers Inc. in 1997 and the company's Roses Division has approximately 175 stores which compete chiefly with Kmart and Wal-Mart. In 2010, the Roses Division began expanding beyond its original base of stores in the South, opening stores in Pennsylvania, Ohio, and Indiana. History Early years Rose's Stores, Inc was founded in Henderson, North Carolina in 1915 by Paul Howard Rose (1880–1955). A merchant from his youth, Rose took possession of the Henderson store in June 1915 following dissolution of a partnership that had operated stores in Henderson and Charlotte. The chain expanded first in nearby Oxford (1916), then Roxboro (April 1917), Louisburg (March 1918) and in the Rosemary section of Roanoke Rap ...
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Southeastern United States
The Southeastern United States, also referred to as the American Southeast or simply the Southeast, is a geographical region of the United States. It is located broadly on the eastern portion of the southern United States and the southern portion of the eastern United States. It comprises at least a core of states on the lower East Coast of the United States and eastern Gulf Coast. Expansively, it reaches as far north as West Virginia and Maryland (bordered to north by the Ohio River and Mason–Dixon line), and stretching as far west as Arkansas and Louisiana. There is no official U.S. government definition of the region, though various agencies and departments use different definitions. Geography The U.S. Geological Survey considers the Southeast region to be the states of Alabama, Florida, Georgia, Arkansas, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, and Tennessee, plus Puerto Rico and the United States Virgin Islands. There is no official Census Bu ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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American Companies Established In 1930
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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Retail Companies Established In 1930
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that ...
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Variety Stores
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are hi ...
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