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Attraction of sorts, and the town became a big trading hub. it also became home to the discount five-and-dime stores started in the 1930s by james melvin pope. after going to college and serving in world war ii, mr. pope s son took over the shops and expanded the family chain. from his father s five little stores, all located in eastern north carolina, john pope would create a retailing powerhouse of over 500 discount stores. his business model was a simple one locate your store in small towns where there was little competition, where folks could get almost anything they needed cheap, without having to drive to the big cities. the model worked. pope s discount stores always made a profit, even during years of recession. from a 5 and 10-cent store, john w. pope learned that nickels and dimes managed with insight and hard work could grow into millions of dollars. ....
From a 5 and 10-cent store, john w. pope learned that nickels and dimes managed with insight and hard work could grow into millions of dollars. that business did grow into millions of dollars. you know, if walmart proved anything, it s that discount and bargain retail is one of the tried and true roots to gazillions of dollars in this country. but walmart s not the only success story in that field. in north carolina, it has been the pope family who has followed that same plan, and it s been a very specific business plan for them. when you look at the site criteria that they list for pope-owned discount stores in the south, they say very specifically that they are looking to put their stores in low-income neighborhoods with a median household income of $40,000 or less, and they want the area where their store goes to definitely have a population that is at least 25% african-american. this has been the pope family retail strategy for nickel and dime success. and today, the original fiv ....
Of recession. from a 5 and 10-cent store, john w. pope learned that nickels and dimes managed with insight and hard work could grow into millions of dollars. that business did grow into millions of dollars. you know, if walmart proved anything, it s that discount and bargain retail is one of the tried and true roots to gazillions of dollars in this country. but walmart s not the only success story in that field. in north carolina, it has been the pope family who has followed that same plan, and it s been a very specific business plan for them. when you look at the site criteria that they list for pope-owned discount stores in the south, they say very specifically that they are looking to put their stores in low-income neighborhoods with a median household income of $40,000 or less, and they want the area where their store goes to definitely have a population that is at least 25% african-american. this has been the pope family retail strategy for nickel and dime success. and today, th ....
Smack dab in the middle of north carolina, a few miles from raleigh. a family discovered a mineral spring while plowing the fields, which soon became a tourist attraction of sorts, and the town became a big trading hub. it also became home to the discount five-and-dime stores started in the 1930s by james melvin pope. after going to college and serving in world war ii, mr. pope s son took over the shops and expanded the family chain. from his father s five little stores, all located in eastern north carolina, john pope would create a retailing powerhouse of over 500 discount stores. his business model was a simple one locate your store in small towns where there was little competition, where folks could get almost anything they needed cheap, without having to drive to the big cities. the model worked. pope s discount stores always made a profit, even during years ....