Roses Stores (originally known as P.H. Rose) is a regional discount store centered
out of Henderson, North Carolina. Once dominant in the mountainous regions and
rural areas of North Carolina, South Carolina, Georgia and Tennessee, the chain
has dwindled due to the expansion of Wal-Mart in the region.
The
Roses chain not only anchored strip centers, but also once anchored many enclosed
shopping malls. Unable to adequately compete and falling under poor management,
many stores closed, including those mall locations, and the stores never were
updated to compete with Wal-Mart. Several stores are still operational.
Roses
made several unsuccessful attempts to be acquired in the mid-1990s.
At the retailer's peak, it operated approximately 278 stores mainly in North
and South Carolina, Virginia, and Georgia.
Roses was purchased by Variety
Wholesalers Inc. in 1997. Today, the company has approximately 98 stores.
It has scaled back its desire to operate as a discount store, focusing more on
a high-end dollar concept. |
