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Overview

Variety Stores, Inc. (formerly Roses Stores, Inc.), was incorporated in Delaware on May 5, 1927 and is the wholly-owned subsidiary of Variety Wholesalers, Inc.

The retail stores operated by the Company are grouped into three main divisions. The Super 10 Division consists of 159 stores ranging in size from 5,000 to 10,000 square feet and are chiefly competitive with dollar stores such as Family Dollar and Dollar General. These stores operate under the names Popes, Eagles, Super Dollar, Bills Dollar Stores and Super 10. The Maxway Division consists of 148 stores ranging in size from 10,000 square feet to 30,000 square feet and are chiefly competitive with junior department stores such as Peebles, Goodys, TJ Maxx, etc. The Roses Division consists of 112 stores ranging in size from 30,000 square feet to 70,000 square feet and are chiefly competitive with discount stores such as K-Mart, Wal-Mart, etc. All three divisions offer an extensive assortment of retail merchandise including both hardlines (toys, health and beauty aids, housewares, furniture, sporting goods, snacks, etc.) and softlines (clothing, accessories, jewelry, etc.).