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Roses (store)
USINFO | 2013-05-20 14:52
Roses Stores (originally known as P.H. Rose) is a regional discount store with its headquarters in Henderson, North Carolina. Once dominant in the mountainous regions and rural areas of North Carolina, South Carolina, Georgia, Kentucky, Tennessee, southwestern Virginia, Maryland, and Delaware, the chain has dwindled due to the expansion of Wal-Mart in the region.
Stores owned by Roses were once found not only in strip malls, but also in many shopping malls. Faced with strong competition and poorly managed, many stores closed including those located in malls while the remainder never were updated to compete with Wal-Mart. Several stores are still operational. The company made a number of unsuccessful attempts to be acquired in the mid-1990s. At its peak, Roses operated approximately 278 stores, mainly in North and South Carolina, Virginia, and Georgia.
Roses was purchased by Variety Wholesalers Inc. in 1997[1] and the company's Rose's Division has 122 stores which compete chiefly with Kmart and Wal-Mart. It has scaled back attempts to operate as a discount store and now focuses more on a "high-end dollar" concept.
Stores owned by Roses were once found not only in strip malls, but also in many shopping malls. Faced with strong competition and poorly managed, many stores closed including those located in malls while the remainder never were updated to compete with Wal-Mart. Several stores are still operational. The company made a number of unsuccessful attempts to be acquired in the mid-1990s. At its peak, Roses operated approximately 278 stores, mainly in North and South Carolina, Virginia, and Georgia.
Roses was purchased by Variety Wholesalers Inc. in 1997[1] and the company's Rose's Division has 122 stores which compete chiefly with Kmart and Wal-Mart. It has scaled back attempts to operate as a discount store and now focuses more on a "high-end dollar" concept.
