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Variety Wholesalers company history timeline

1932

Variety traces its history to 1932 when John Pope's father, James Pope, himself the son of a dry-goods store owner, opened a five-and-dime store in Angier, North Carolina.

1942

His father called him home in 1942 to take the place of a manager who had entered the military, but the younger Pope wanted to enlist in the service.

1949

They had no interest in running them, however, and sold out to John Pope and his two brothers in 1949.

1955

Although Paul Rose passed away in 1955, Thomas Rose, Paul’s brother, continued operation of the company.

1978

Next, Pope bought 54 McCrory/United Stores in 1978, followed two years later by the acquisition of 188 Value Mart Stores, mostly located in Alabama, Louisiana, and Mississippi.

1981

In 1981 Variety added the 145 Super Dollar Stores, which relied on advertised sales to bring in customers.

1984

After acquiring 55 P.H. Rose's variety stores in 1984, Variety was operating close to 400 stores under the Pope's, Value Mart, Super Dollar, and P.H. Rose's names.

1985

After 1985 brought a 10 percent drop in sales for Variety, he decided to try out the new formula on 15 failing stores that he would have to close if they did not turn around soon.

1989

In 1989 Variety acquired 106 stores from Allied Department Stores/Savannah Wholesale Co. from Michigan General Corp., a company that had recently emerged from Chapter 11 bankruptcy protection.

1990

By 1990 the chain totaled 260 stores, but more than half were in markets occupied by giant competitors Kmart and Wal-Mart.

1993

Eventually, the company declared bankruptcy in 1993.

1995

By 1995 Variety owned about 550 stores, although that number fluctuated as Pope continued to show no hesitancy in shutting down struggling units.

1997

However, Art and John Pope, a brother team who owned Variety Wholesalers, Inc., bought the Rose’s company in 1997.

2004

Pope would, however, outlive his eldest son, John, Jr., who died of a heart attack at the age of 53 in March 2004.

"Heirs of N.C. Retail Chain Fortune Split by $50 Million, Politics," Associated Press , November 14, 2004.

2007

His announced goal was to reach $2 billion in sales by 2007, at which point he would be 83 years old.

2012

“About Variety Wholesalers.” Variety Wholesalers, Inc. website. http://www.vwstores.com/about-us/, (accessed January 25, 2012)

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Founded
1930
Company founded
Headquarters
Henderson, NC
Company headquarter
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Variety Wholesalers competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Herberger's1927$790,0005-
Movado Group1881$672.6M1,00093
Goodies Etc.1989$860,000253
Sheplers1899$160.0M800-
Walls Bargain Center-$8.7M44-
Ann & Hope1953$93.0M350-
Belmont Beverage1933$1.2M15-
Dominick's Finer Foods1918$3.3B18,000-
ALCO Stores1901$600,000252
Big Bear Sports Center1959$46.0M249-

Variety Wholesalers history FAQs

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Variety Wholesalers may also be known as or be related to Variety Wholesalers, Variety Wholesalers Inc, Variety Wholesalers Inc. and Variety Wholesalers, Inc.