Variety Wholesalers, Inc. · Henderson, NC United States
Company Description
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This link will open in a new window Variety is not only the spice of life -- it's also a major purveyor of deeply discounted merchandise. With some 440 stores in more than a dozen states from Louisiana to Delaware, Variety Wholesalers has survived even Wal-Mart 's march through rural America. The company, which has aggressively bought other chains while closing poorly performing stores, tends to set up shop in small towns where the retail giants fear to tread. Its retail outlets sell beauty products, housewares, snacks, toys and more, under banners including Bargain Town, Maxway, Roses, and Super 10. Variety Wholesalers was founded in 1949 by James Pope; the Pope family, including chairman and CEO Art Pope, still runs the company. To read the full description, subscribe now.
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Key Variety Wholesalers, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 6,800 |
Variety Wholesalers, Inc. Executives
5 executives listed for Variety Wholesalers, Inc.'s Henderson, NC location.
| Title | Name & Bio | Contact |
| Vice Chairman, President, and CFO | James Arthur Pope | Network |
| President, Store Operations | Wilson Sawyer | Network |
| Corporate HR Representative | Patricia Overton | Network |
Competition
Competitive Landscape for Variety Wholesalers, Inc.
Demographics and small business growth drive demand, and spending in warehouse clubs generally resists economic cycles. The profitability of individual companies depends on high volume sales, low-cost purchasing, and efficient distribution. Large chains dominate the market due to advantages in purchasing, distribution, and finance. Average annual revenue per employee is about $304,000. Warehouse clubs have grown rapidly. Industry sales increased at an annual average rate of 35 percent between 1998 and 2008, compared to 16 percent for all general merchandise stores. The number of warehouse club stores more than doubled between 1998 and 2008, with expansion coming at the expense of grocery stores and department stores. Warehouse clubs differ from superstores by requiring a membership to shop. Superstores typically offer a wide range of products, while warehouse clubs offer a limited selection. Both types of retailers sell products across many categories including food, and both compete with grocery stores, mass merchandisers, department stores, drugstores, specialty retailers, and wholesalers. Some retailers, such as Wal-Mart, operate warehouse and superstores as well as traditional discount stores. To read the full description, subscribe now.Top Variety Wholesalers, Inc. Competitors
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