Woolworth - Kresge Scranton PA vintage 78 Better Copy

A variety store (also five and dime (historic), pound shop, or dollar store) is a

retail store 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 t ...

that sells general merchandise, such as apparel, automotive parts,

dry goods Dry goods is a historic term describing the type of product line a store carries, which differs by region. The term comes from the textile trade, and the shops appear to have spread with the mercantile trade across the British Empire (and forme ...

, 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 (

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...

s) such as

Target Target may refer to: Physical items * Shooting target, used in marksmanship training and various shooting sports ** Bullseye (target), the goal one for which one aims in many of these sports ** Aiming point, in field artillery, f ...

and

Walmart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...

Warehouse club A warehouse club (or wholesale club) is a retail store, usually selling a wide variety of merchandise, in which customers may buy large, wholesale quantities of the store's products, which makes these clubs attractive to both bargain hunters ...

s like

Costco Costco Wholesale Corporation (Trade name, doing business as Costco Wholesale and also known simply as Costco) is an American multinational corporation which operates a chain of membership-only Big-box store, big-box retail stores (warehouse c ...

grocery store A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, a ...

s, and

department store A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic app ...

s 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 Profit margin is a measure of profitability. It is calculated by finding the profit as a percentage of the revenue. \text = = There are 3 types of profit margins: gross profit margin, operating profit margin and net profit margin. * Gross Pro ...

multiplied by the volume of sales. * Pricing many items at prices that are higher than regular retailers. These goods are commonly bought by consumers who perceive them to be bargains based on the heavy discounts on other items in the store. In the case of fixed price-point retailers, this can be achieved by reducing the size of the package. Variety stores with single price points buy products to fit those price points (while making a profit) that are: *

generic brand Generic brands of consumer products (often supermarket goods) are distinguished by the absence of a brand name, instead identified solely by product characteristics and identified by plain, usually black-and-white packaging. Generally they imitat ...

s or

private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...

s, often specially manufactured using cheaper materials and processes than usual. * available through the

grey market A grey market or dark market (sometimes confused with the similar term " parallel market") is the trade of a commodity through distribution channels that are not authorized by the original manufacturer or trade mark proprietor. Grey market pr ...

. * bought at a closeout sale, such as seasonal or promotional goods or bankruptcy stock. * sold in smaller unit sizes than elsewhere. Not all variety stores are "single price-point" stores, even if their names imply it. For example, in the United States, Dollar General and

Family Dollar Family Dollar Stores, Inc. is an American variety store chain. With over 8,000 locations in all states except Alaska and Hawaii, it was the second largest retailer of its type in the United States until it was acquired by Dollar Tree in 2015 and i ...

sell items at more or less than a dollar. Some stores also sell goods priced at multiples of the named price and, conversely, multiple items for the price. The discrepancy with the nominal price is also compounded if sales tax is added at the point of sale.

Supply

In many countries, stock can be imported from others with lower variable costs, because of differences in wages, resource costs or taxation. Usually goods are imported by a general importer, then sold to the stores

wholesale Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In ...

. Another source of stock is overruns, surplus items and out-of-date food products. Real Deals, a regional dollar store in the Syracuse, New York area, is stocked almost entirely with surplus goods such as these. The legality of selling out-of-date goods varies between jurisdictions: in general, most items (with a few exceptions, particularly certain perishable food items depending on the state) can be sold in the United States regardless of their sell-by date, but in the United Kingdom it is illegal to sell goods after their "Use By" date.

Demography

Although some people may link variety stores with low-income areas, this is not always true. For example, Atherton, California has a variety store within its city limits, even though it has a median household income of nearly $185,000 a year. Studies of food discounters in Great Britain show quite a varied demographic, and

99p Stores 99p Stores Ltd. was a family-run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand th ...

reported an increase in higher-income customers after the

financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

By region

America

According to IBISWorld, dollar stores have grown 43 percent since 1998 and have become a $56 billion industry.

Colliers International Colliers is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 63 countries. The firm provides services to commercial real estate users, owners, inv ...

claims there are more dollar stores than drug stores. With stores of other types closing in large numbers, dollar stores often replace other types of stores in shopping centers. They succeed partly because of

impulse purchase In the field of consumer behavior, an impulse purchase or impulse buying is an unplanned decision by a consumer to buy a product or service, made just before a purchase. One who tends to make such purchases is referred to as an impulse purchase ...

s. The common term in North America for a small general merchandise store is '' general store''.

Five and dime stores

Walton's Five and Dime store, Bentonville, Arkansas

Frank Winfield Woolworth had seen the success in

Michigan Michigan () is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest, upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the List of U.S. states and ...

and

western New York Western New York (WNY) is the westernmost region of the U.S. state of New York. The eastern boundary of the region is not consistently defined by state agencies or those who call themselves "Western New Yorkers". Almost all sources agree WNY i ...

of so-called nickel stores, where everything cost five cents (the U.S. five cent coin is called a "

nickel Nickel is a chemical element with symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive but large pieces are slow ...

"). On February 22, 1879, Woolworth opened his Great Five Cent Store in Utica, New York, and it was his later success and expansion of that format as the

F. W. Woolworth Company The F. W. Woolworth Company (often referred to as Woolworth's or simply Woolworth) was a retail company and one of the pioneers of the five-and-dime store. It was among the most successful American and international five-and-dime businesses, se ...

that would create the American institution of the ''five and ten cent store'' (or just ''five and ten''), ''five and dime'', or ''dime store'' (a dime is the name of a US ten-cent coin). Before Woolworth, the prevailing thought was an entire store could not maintain itself with all low-priced goods, but with Woolworth's success, many others followed their lead. Well-known dime store companies included: * Ben Franklin Stores * Butler Brothers * Duckwall-ALCO *

G. C. Murphy G.C. Murphy was a chain of five and dime or variety stores in the United States from 1906 to 2002. They also operated Murphy's Mart (full scale discount stores), Bargain World (closeout merchandise), Terry & Ferris and Bruners (junior department ...

H. L. Green H. L. Green was a five and dime store chain in the United States during the twentieth century named for founder Harold L. Green (1892–1951). History The chain was formed in 1932. The chain operated 133 retail stores as of 1935, most result ...

* J. G. McCrory's * J. J. Newberry's *

John's Bargain Store John's Bargain Store was a chain of variety stores in the Northeast and Midwest of the United States. It was founded in 1955. The stores were, according to the ''New York Times'': "with its big red sign and white lettering... once a nearly ubiquit ...

McLellan Stores MacLellan or McLellan may refer to: People * MacLellan (surname) * Clan MacLellan Places * McLellan Galleries The McLellan Galleries are a major exhibition space in the city of Glasgow, Scotland, situated behind a frontage of shops and of ...

Morgan and Lindsey Morgan & Lindsey was an American variety store chain. At its peak, it had 85 outlets in Texas, Arkansas, Louisiana, Alabama, and Mississippi. The company was headquartered in Jasper, Texas, Jasper, Texas, and became a subsidiary of G. C. Murphy in ...

* Neisner's * S. H. Kress & Co. * S. S. Kresge Co. *

Sprouse-Reitz Sprouse-Reitz is a defunct chain of five-and-dime stores based in Portland, Oregon, United States. The Sprouse-Reitz Company was founded in 1909 in Tacoma, Washington. At its peak it had more than 470 stores in eleven states in the Western United ...

TG&Y TG&Y was a five and dime, or chain of variety stores and larger discount stores in the United States. At its peak, there were more than 900 stores in 29 states. Starting out during the Great Depression in rural areas and eventually moving into citi ...

* Walton's Five and Dime *

W. T. Grant W. T. Grant or Grants was a United States-based chain of mass-merchandise stores founded by William Thomas Grant that operated from 1906 until 1976. The stores were generally of the variety store format located in downtowns. History In 1906 the ...

Woolworth's Woolworth, Woolworth's, or Woolworths may refer to: Businesses * F. W. Woolworth Company, the original US-based chain of "five and dime" (5¢ and 10¢) stores * Woolworths Group (United Kingdom), former operator of the Woolworths chain of shops ...

Of these, only Ben Franklin continues to exist in this form, while Kresge and Walton's became mega-retailers

Kmart Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was inc ...

and

, respectively. Beginning around the 1960s, others tried the larger "

discount store A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cost ...

" format as well, such as TG&Y Family Centers,

, and Woolworth's

Woolco Woolco was an American-based discount retail chain. It was founded in 1962 in Columbus, Ohio, by the F. W. Woolworth Company. It was a full-line discount department store unlike the five-and-dime Woolworth stores which operated at the time. At i ...

stores. With suburbanization in the 1950s and 1960s, Americans shopped more and more in malls rather than downtown shopping districts, and Newberry's and Woolworth's stores did open in the malls but even so, starting around the 1970s, variety stores lost business to other retail formats such as office stores, low-price shoe chains, fabric stores, toy stores and discount drug stores like

Thrifty Drug Stores Thrifty PayLess Holdings, Inc. was a pharmacy holding company that owned the Thrifty Drugs and PayLess Drug Stores chains in the western United States. The combined company was formed in April 1994 when Los Angeles-based TCH Corporation, the p ...

. Grocery stores and drug stores sold more and more candy. The last US Woolworth's closed in 1997. Newberry's went bankrupt in 1992 and the brand disappeared in 2002. 300 McCrory stores, many of which being Newberry's, closed in 1997.

Dollar stores

Dollar Tree interior in Gillette, Wyoming

Starting in the late 1990s, dollar stores expanded enough to gain the attention of the national press. They were popular not only their value but because freestanding smaller stores were located in small towns, downtowns, and across the cities and suburbs, they were often more convenient than mall stores. They continued to grow and by 2019, for example,

Dollar Tree Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a ''Fortune'' 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its ...

had higher annual sales than

Macy's Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated wi ...

.Phil Wahiba, "Making Billions of Dollars at the Dollar Store"
'' Fortune'', 2 February 2019 Dollar and variety store revenue reached $77 billion in 2018. As of 2018, main dollar store chains in the U.S. were Dollar General,

(which owns

), the

99 Cents Only Stores 99 Cents Only Stores (also branded as The 99 Store, and 99¢ Only Stores) is an American price-point retailer chain based in Commerce, California. It offers "a combination of closeout branded merchandise, general merchandise and fresh foods." Th ...

, and

Five Below 5 is a number, numeral, and glyph. 5, five or number 5 may also refer to: * AD 5, the fifth year of the AD era * 5 BC, the fifth year before the AD era Literature * ''5'' (visual novel), a 2008 visual novel by Ram * ''5'' (comics), an awa ...

. Dollar stores are experiencing an increase of revenue, with around 14,000 Dollar Tree locations in the U.S. in 2018 with plans to open over a hundred more; 15,000 Dollar General locations with plans for 975 more in 2019; and Five Below with 745 stores.

Variety store chains in America

* In

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

A Buck or Two A Buck or Two Stores Ltd. Formally styled as A $1 or 2 is a Canadian owned and operated chain of specialty retail stores that sell party supplies, cards and wrap, confection, school & office supplies, toys and crafts, seasonal items, housewares, ...

(163+),

Dollarama Dollarama is a Canadian dollar store retail chain headquartered in Montreal. Since 2009 it is Canada's largest retailer of items for five dollars or less. Dollarama has over 1400 stores and has a presence in every province of Canada; Ontario has ...

(1,095),

Dollar Tree Canada Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a ''Fortune'' 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its st ...

(226), Everything For a Dollar Store,

Great Canadian Dollar Store Great Canadian Dollar Store Ltd. (GCDS) is a privately owned Canadian franchise dollar store. The discount merchandiser was founded in 1993 by Bud and Vivian Walker, with the set-up of a head office in Victoria, British Columbia and opening of th ...

(100+), Your Dollar Store With More (180+) * In

Mexico Mexico (Spanish: México), officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatema ...

: Prichos, Waldo's Dollar Mart, Miniso * In Colombia: Dollar City (Colombia version of Dollaramma), D1, Ara, Miniso * In the

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 territori ...

(386),

Daiso is a large franchise of 100-yen shops founded in Japan. The headquarters are in Higashihiroshima, Hiroshima Prefecture. Daiso has a range of over 100,000 products, of which over 40 percent are imported goods, many of them from China, South Ko ...

(68), Dollar General (13,320),

(6,134),

(7,974),

(522)

Names for variety stores in North America

* Dollar store, $1.25 store, 99-cent store, etc. in the

and

plus other names. Dollar store is used predominantly, even when the maximum price is higher than one dollar. Some chains emphasize that the price is an even amount: $2, $5, etc., instead of having odd, "uneven" prices. * Dólar y Algo Extra, La Reina, Almacenes Caravana in

Puerto Rico Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and unincorporated ...

* dime store * Five and Dime * Five and Ten * Nickel and Dime * Nickel and Ten * 5 y 10 in

(5 and 10 pesos, or 5 and ten U.S. cents in border cities) - incidentally, Cinco y Diez, meaning "Five and Ten" in Spanish, became an inner-suburban shopping district in Tijuana

Oceania

* In Australia the main variety stores now consist of

The Reject Shop The Reject Shop Limited () is an Australian discount variety store chain selling a range of goods such as food, snacks, gift cards and party, health and beauty aids, cleaning supplies, storage, kitchenware, homewares and seasonal items in 356 sto ...

, Shiploads (in

Tasmania ) , nickname = , image_map = Tasmania in Australia.svg , map_caption = Location of Tasmania in AustraliaCoordinates: , subdivision_type = Country , subdi ...

), and a variety of smaller chains and independent shops. Former chains include Crazy Clark's,

Homeart Homeart was a national chain of retail stores with outlets in every state in Australia selling mostly homewares, giftware and electrical products. History The company's origins can be traced back to Melbourne's eastern suburbs and the iconic Cr ...

, Sam's Warehouse, Clint's Crazy Bargains, Go-Lo and Chickenfeed (retail chain), Chickenfeed. * In New Zealand: The $2 Shop, 1 2 3 Dollar Shop, and Coin Save

Names for variety stores in Oceania

* The $2 shop in Australia and New Zealand * Cheap Shop in Australia only

Asia

In Japan, 100-yen shops (百円ショップ hyaku-en shoppu or 百均 hyakkin) have proliferated since around 2001. This is considered an after-effect of a decade-long recession of the Japanese economy. Despite the emphasis on value, however, some items, such as chocolate bars, may be priced higher than they are at other stores. For a few years, 100-yen shops existed not as permanent stores, but as vendors under temporary, foldable tents. They were (and still are) typically found near the entrance areas of supermarkets. A major player in 100-yen shops is the

chain. The first store opened in 1991, and there are now around 2,400 stores in Japan. This number is increasing by around 40 stores per month. Daiso has also expanded into North America, Australia, Asia, and the Middle East. In China, Chinese yuan, ¥2 (or ¥3, depending on the area's economic prosperity) shops have become a common sight in most cities. In Hong Kong, major department stores have opened their own Hong Kong dollar, $10 shops (US$1.28) to compete in the market, and there are now "$8 shops" (US$1.02) and even "$2 shops" (US$0.26) competing at lower prices, especially in poorer communities. Low prices are helped by Hong Kong's lack of a sales tax and its proximity to China. In Taiwan, fixed price stores can be found in many locations, including night markets, regular shopping streets, regular market stalls, and department stores. Two typical price points are NT$39 and NT$49. Given that the retail environment in Taiwan is already highly competitive, it is not unusual to see such stores fail. Typically the goods for such stores are manufactured in China to keep costs down. In India, US Dollar Store, founded in 2003, is a pioneer of single price stores. The merchandise for pilot stores was sent from America. As sales grew over the years with more than 200 operational stores in India, the merchandise is now imported from China, Indonesia, Thailand, Spain, Portugal, UK and various other countries as well as the US. US Dollar stores were founded by entrepreneur Gaurav Sahni, owner of Nanson Overseas Private Limited. Nanson, operated by Gaurav Sahni and his brother Gautam Sahni, has had an established sourcing and consolidation network for over two decades, with supply bases worldwide. Direct sourcing without intermediaries and stocking a large variety of merchandise as and when needed has given the company an advantage.

Variety store chains in Asia

* In China: Miniso * In India: US Dollar Store * In Japan:

, Daiei, Seria * In Pakistan: Ghazali's HomeStore

Names for variety stores in Asia

* 100 fils Shop in Kuwait * 2 riyal Shop in Saudi Arabia and other Persian Gulf, Gulf countries * 100-yen shop or one coin shop in Japan * 10-dollar shop (US$1.28), 8-dollar shop, etc. in Hong Kong * 1000 Won shop in South Korea * 88 or 99 Peso store in Philippines * 49 & 99 shop in India * Hakol Bedollar (everything for a Dollar) in Israel * Ghazali's HomeStore in Pakistan * Всё по 100 рублей (English: Everything at 100 rubles) in Russia * 10 or 20 Baht shop in Thailand * 2-ringgit stores in Malaysia

Europe

* In Belgium, chains include Action (store), Action, HEMA (store), HEMA, and Zeeman (chain store), Zeeman. * In Denmark: føtex, Tiger (store), Tiger, a pun on the word for the Danish ten-Danish krone, krone coin, opened in the mid-nineties in Copenhagen and has since spread to other countries * In France: Action (store), Action, HEMA (store), HEMA, Monoprix, Uniprix, M. 1-2-3. Zeeman (store), Zeeman * In Germany, there are ''ToBi'' (german: Total Billig, "Totally Inexpensive") stores where most items cost one or two Euro or less. Other chains include Action (store), Action, EuroShop, HEMA (store), HEMA, Mäc-Geiz (240 stores), Pfennigland, Pfennigpfeiffer (110 stores), TEDi (1400 stores across Europe), Thomas Philipps (200 stores), and Zeeman (store), Zeeman * In Greece: 300 (300 drachmas, €0.90) * In Hungary there are ''100 forintos bolt'' ("100 Hungarian forint, forints store") stores, but they do not form a single chain, instead of being operated by small, independent companies. * In Ireland: EuroGeneral, EuroGiant, Dealz * In Italy: UPIM * In Luxembourg: HEMA (store), HEMA, Zeeman (store), Zeeman * In Malta: Tal-Lira * In the Netherlands: HEMA (store), HEMA chain started in the Netherlands, sold goods using standard prices of 10, 25 or 50 cents, and later also 75 and 100 cents. After World War II, this model could not be sustained and the standard pricing system was abandoned. HEMA is the abbreviation of ''Hollandish standardized prices company'' ( nl, Hollandse Eenheidsprijzen Maatschappij). The HEMA had some 500 Dutch stores in 2011 and also operates in Belgium, Germany, Luxembourg and France. Since 2016 the chain is expanding in to other European countries such as Spain and the United Kingdom. Other chains include Action (store), Action, Blokker Holding, Big Bazar, Euroland (store), Euroland, and Zeeman (chain store), Zeeman. * In Portugal there were ''Trezentos'' shops (300 escudos, €1.50), but with the introduction of the Euro currency, this designation is not used nowadays and the terms 'bazar' or 'euro store' are preferred. Chains include Eupoupo - Tudo a €0,99 ou €1,49 * In Russia: Fixprice (50 rubles) * Spain there are ''Todo a 100'' shops ("everything for 100 Spanish peseta, pesetas" (€0.60)), although due to the introduction of the euro and inflation, most products cost a multiple of €0.60 or €1. Most of these shops maintain their name in Spanish peseta, pesetas, and most of them have been renamed as ''Casi todo a 100'' ("almost everything for 100 [pesetas]"), ''Todo a 100, 300, 500 y más'' ("everything for 100, 300, 500 or more") or ''Todo a un euro''. Colloquially, the expression ''todo a 100'' implies that something is either cheap, kitsch or low quality. * In Sweden: Bubbeltian, called by some Tian, a colloquialism for ten Swedish krona, kronor, US$1.20. Another chain that has been spreading in Sweden during the last seven years is Dollarstore (Sweden), Dollarstore, a chain where everything costs either 10, 20, 30, 40, 50 and steps of 50 up to 500 kr. * In United Kingdom: B & M, Boyes (retailer), Boyes, HEMA (store), HEMA, Home Bargains, Poundland, Poundstretcher, Poundwise

Names for variety stores in Europe

* 100 forintos bolt in Hungary * 3,8 RON shop in Romania * Всичко по 1 Bulgarian lev, лев in Bulgaria * Euro store, €2 store, etc. in the Eurozone * Euroland (store), Euroland (formerly known as knaakland) in the Netherlands * Euroshop or 1-Euro-Shop in Germany * Loja dos 300 in Portugal 300 portuguese escudo, escudos = 1.5 Eur * Magasin à prix unique (English: one price store) in France * Max20 (kroner) in Norway * Pound sterling, Pound shop, 99p shop, etc. in the United Kingdom * Sve po 8/10/12 kuna in Croatia * Sve za 79/99/100 dinara (Everything for 79/99/100 dinars) in Serbia * Tal-Lira in Malta (Lira was Malta's old currency before transitioning to Euro) * Todo a 100, 20 Duro (monetary unit), duros and SuperCien in Spain (former cien = 100 pesetas = €0.60) * Wszystko za 5 złotych in Poland

South America

In Argentina, variety stores are called ''todo por dos pesos'' (everything for 2 pesos). Brazilians sometimes use the expression ''um e noventa e nove'' (Brazilian real, R$ 1,99) to refer to cheap, low quality things or even people. In Chile, they are called ''todo a mil'' (referring to the one thousand Chilean pesos banknote). They are commonly located in middle-class neighbourhoods where big retail stores don't usually venture and in small commercial districts like the ones in Santiago. In South America, variety stores may be known as: * Dolarazo (US$1.00) and Cincuentazo (US$0.50) in Ecuador * Loja de 1,99 (Brazilian real, R$ 1,99 = US$1.07) in Brazil * Todo por 23 pesos in Uruguay (23 pesos = US$1) * Todo por dos Pesos in Argentina (1 peso = US$0.32)

Africa

*In Egypt, a variety store may be called a Egyptian pound, £E2.5 shop.

United Kingdom

Woolworths Group (United Kingdom), Woolworth's opened its first store in the United Kingdom in 1909, when they were also colloquially known as "threepence (British coin), threepenny and Sixpence (British coin), sixpenny" stores, "3Penny (British pre-decimal coin), d and 6d" being displayed on the shops' frontages. More modern counterparts include Poundland OneBelow and the former

Global chains

Miniso is a Chinese variety store chain that specializes in household and consumer goods including cosmetics, stationery, toys, and kitchenware. In 2016, the company's sales revenue reached $1.5 billion. Miniso has expanded outside of the Chinese market and operates 1,800 stores in Asia, Europe, Oceania, Africa, North America, and South America.

References

External links

* {{DEFAULTSORT:Variety store Variety stores, Five and dimes, . Retail formats