53°27′51.6″N 2°53′57″W / 53.464333°N 2.89917°W / 53.464333; -2.89917
40-543: Home Bargains is a British variety store chain founded in 1976 by Tom Morris in Liverpool , England, as Home and Bargain . It is the trading name of TJ Morris Ltd . The retailer was founded by owner Tom Morris in 1976 as a single store called Home and Bargain in Old Swan , Liverpool when he was aged 21. The name was changed to Home Bargains in 1995, but is still colloquially referred to by its original name in
80-523: A £E 2.5 shop. 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. Quality Save Quality Save
120-434: A "six figure" deal, replacing long-term sponsors Wirral Council. The sponsorship ended when the club signed a three-year sponsorship deal with B&M Waste Services. Since October 2019, they have been the kit sponsors of League One side Bolton Wanderers . In 2021, Home Bargains signed a three-year principal shirt partner deal with Super League club St Helens Rugby League Football Club for the 2022–2024 seasons. The retailer
160-473: A $ 56 billion industry. Colliers International 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 purchases . The common term in North America for a small general merchandise store is general store . Frank Winfield Woolworth had seen
200-441: A category, are different from general merchandise superstores, hypermarkets (such as those operated by Target and Walmart ), warehouse clubs (such as Costco ), grocery stores , or department stores . Dollar stores that sell food have been alleged to create food deserts : areas with limited access to affordable and healthy food. This is alleged to occur when dollar stores outcompete local businesses, and soon become some of
240-506: A general importer and then sold to the stores wholesale . Another source of stock is overruns, surplus items and out-of-date food products.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 The legality of selling out-of-date goods varies between jurisdictions: in general, most items (with a few exceptions, particularly certain perishable food items depending on
280-534: 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 . Variety stores in Colombia include Dollar City (Colombia version of Dollarama), D1, Ara, Miniso In South America, variety stores may be known as: In Egypt, a variety store may be called
320-605: A superstore was launched in the ex Tesco unit next door. It was then confirmed that their biggest ever superstore would open in the beginning of 2017 in Walkden, the town where the company was first founded on a market stall. In February 2017, the biggest ever Quality Save store was opened in Walkden Town Retail Park. This store was 22,000 cubic feet. On 26th January 2023, Quality Save was sold to TJ Morris, owner of Home Bargains, with all stores to rebrand to
360-528: A year. Studies of food discounters in Great Britain show quite a varied demographic, and 99p Stores reported an increase in higher-income customers after the financial crisis of 2007–2008 . Dollar stores have been alleged by a number of studies, individuals, and organizations to proliferate food deserts : areas with limited access to healthy and affordable food. Dollar stores are alleged to outcompete local grocery stores, and end up being one of
400-495: Is "Top Brands, Bottom Prices", with operations director Joe Morris explaining their business model of acquiring stock at the same cost price as the larger supermarkets, but selling them to the public at a cheaper price. In August 2011, Home Bargains opened a website to enable customers to shop with them online. Home Bargains stores have red and blue branding. Most are centrally located though several are in out of town retail parks . Stores range from small to medium outlets, with
440-497: 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
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#1732780571895480-619: Is the Daiso 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, ¥ 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 $ 10 shops (US$ 1.28) to compete in
520-662: The Merseyside area. Morris, who was reported to have still owned an 89% stake in the business as of 2013, operates the company with his brother Joe. The business has since grown to become one of the largest privately owned companies within the United Kingdom, selling a variety of household items including food, clothing and games. Customer numbers were estimated to be in excess of three million in February 2013, with items sold typically consisting of 70% regular lines and
560-486: The 1950s and 1960s, Americans shopped more and more in malls rather than downtown shopping districts and although Newberry's and Woolworth's stores did open in the malls, 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 . Grocery stores and drug stores sold more and more candy. The last US Woolworth's closed in 1997. Newberry's
600-614: The Axis business park, Croxteth , as it constructed a ten-storey distribution centre and retail training facility. A £70m distribution centre began construction in October 2013 in Wiltshire, England , as a duplicate of their 700,000 sq ft (65,000 m) facility that they had opened at its Liverpool headquarters some years prior, in order that their expansion plans could be maintained. In January 2023, Home Bargains announced that
640-725: The Home Bargains brand. Later in August 2023, TJ Morris would contact the stores of Stalybridge, Atherton, Chorley and Darwen, notifying them that their store would close down for good. These closures were completed by October 2023. The Chorlton and Dewsbury stores were also later closed down due to redevelopment and building issues respectively. Quality Save's final store, Widnes, was closed for rebrand to Home Bargains on 1st April, 2024. Quality Save stores could usually be found in major shopping streets and shopping centres. Stores range from small to large outlets. Quality Save's largest store
680-541: The U.S. were Dollar General , Dollar Tree (which owns Family Dollar ), the 99 Cents Only Stores , and Five Below . Increasing revenue has led to growth for dollar store chains: by 2018, Dollar Tree had 14,000 locations in the U.S., and its expansion continued; in 2019, Dollar General had 15,000 locations in the US, and its expansion continued; and Five Below had 745 stores. In Japan, 100-yen shops (百円ショップ hyaku-en shoppu or 百均 hyakkin) have proliferated since around 2001. This
720-495: 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. In Russia, Fix Price started selling all its items at 30 roubles and as
760-555: The United States, Dollar General and Family Dollar 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 . 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
800-492: The business grew, up to 55 roubles. It has now cancelled this practice and has become a typical discount store ). Marks & Spencer opened a stall in Kirkgate Market Leeds in 1884, proclaiming “Don’t ask the price, it’s a ’Penny”. Woolworth's opened its first store in the United Kingdom in 1909, when they were also colloquially known as " threepenny and sixpenny " stores, "3 d and 6d" being displayed on
840-405: The company had purchased rival discount retailer Quality Save for an undisclosed amount. The purchase came after Quality Save reported it had made a loss of more than £64,000 for the 12 months, compared to a prior £1.3m profit the year before despite having an increase of £3.7 million turnover, all Quality Save stores will convert to the Home Bargains name and brand. The strap line of the retailer
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#1732780571895880-657: The company's alcohol policy. These clips end with the company's name and their slogan: "Quality Save. Quality Brands – Quality Prices". In 2012, Quality Save closed an outlet in Barnsley to open a much bigger one a few feet down the road. They also closed a temporary unit in Urmston , and opened a new one in the Eden Square Shopping Centre. In 2015, the Middleton branch of Quality Save was closed, and
920-404: The company's £25 million Northern Ireland expansion plan was announced, with plans to have opened up to twenty five stores by 2015, to add to their then portfolio of 190 stores. The retailer has seen strong sales growth over the past few years, with turnover more than doubling in a four-year period (2011 to 2015). In 2009, the firm was aiming to be turning over £1bn a year by 2015, having grown
960-488: The few options available for purchasing food in some communities. Dollar Tree has disputed this claim; it claimed that in a number of cases it created food options in food deserts. In 2023, Dollar Tree reportedly stopped selling eggs when the price of eggs increased. In line with these allegations, a number of U.S. states have passed restrictions on where new dollar stores can be opened. According to IBISWorld , dollar stores have grown 43 percent since 1998 and have become
1000-452: 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 access to the mainland. 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
1040-575: The number of its stores to 350, with the potential for six hundred across the United Kingdom. Their turnover exceeded the £1billion mark in 2013, two years earlier than initially anticipated. The retailer aims to reach the £2billion annual turnover mark by 2020. Home Bargains is also the supplier of similar discount chain Quality Save , whom it supplies all stock, shop fittings, trolleys and tills. From April 2013 until January 2016, Home Bargains were kit sponsors of League 2 side Tranmere Rovers in
1080-449: The only grocery store–like businesses available in some areas. 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: Variety stores with single price points buy products to fit those price points (while making a profit) that are: Not all variety stores are "single price-point" stores, even if their names imply it. For example, in
1120-541: 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: Of these, only Ben Franklin continues to exist in this form, while Kresge and Walton's became mega-retailers Kmart and Walmart , respectively. Beginning around the 1960s, others tried the larger " discount store " format, such as TG&Y Family Centers, W. T. Grant , and Woolworth's Woolco stores. With suburbanization in
1160-705: The rest as one-off product lines. The retailer was ranked sixth in a Which? list of 100 Top Stores, making them the highest ranking retailer within the United Kingdom. From 1977, annual growth was around 20–25%. They opened their first warehouse in Prescot in 1979. They then moved to the Rocket Warehouse in 1983. Then, in 1994, they moved to another warehouse, Fallows Way. The retailer gained approval in January 2008 to construct new headquarters in Merseyside , which it estimated would create seven hundred jobs at
1200-554: The retail environment in Taiwan is already highly competitive, it is not unusual to see such stores fail. 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
1240-766: The retail park outlets being slightly larger. Store sizes in 2013 were typically between 10,000 sq ft (930 m) and 25,000 sq ft (2,300 m). In January 2009, the retailer acquired fourteen former Woolworths Group stores from the failed chain Woolworths Group . These stores include Cardiff and Port Talbot in Wales. In Fife , Scotland , two former Woolworths stores have been opened in shopping centres in Glenrothes and Kirkcaldy . The retailer had aspirations to expand in countries outside of England and Wales in 2007, though owner Tom Morris
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1280-482: The sale of unsafe chargers during 2015. Variety store A variety store (also five and dime (historic), pound shop , or dollar store ) is a retail store that sells general merchandise, such as apparel , auto parts , dry goods , toys , hardware , furniture , 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, as
1320-504: The shops' frontages. More modern counterparts include B&M , Boyes , Home Bargains , OneBeyond , Poundland and Poundstretcher . Variety stores in Guatemala include Dollar City. In Argentina, variety stores are called todo por dos pesos (everything for 2 pesos). Brazilians sometimes use the expression um e noventa e nove ( R$ 1,99) to refer to cheap, low quality things or even people. In Chile , they are called todo
1360-400: 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. 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
1400-638: The success in Michigan and western New York of so-called nickel stores , where everything cost five cents (the U.S. five cent coin is called a " nickel "). 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 that would create the American institution of the "five and dime". There were many names for this type of store: Before Woolworth,
1440-636: Was a chain of discount stores operated in northern England. The head office/store for Quality Save was located in Swinton. Quality Save was founded in 1974 by Bob Rudkin. He started off with an indoor market stall in Walkden , and a small shop in Farnworth . The company opened more outlets over time. In 2010, stores began playing a clip every fifteen minutes reminding customers of their "Star Buy" deals, their cheap prices in comparison to pound stores, and
1480-499: Was fined over £20,000 in February 2017, after being caught selling phone chargers that risked exploding. The chargers had been imported from China yet had not undergone sufficient safety checks by the retailer, despite Trading Standards having carried out five failed safety checks on the product. Despite being able to produce a Chinese test certificate indicating that a sample product was safety compliant, Home Bargains subsequently admitted to three offences of electrical safety through
1520-517: Was keen to ensure such expansion was controlled to avoid the risk of over expansion. The retailer announced in October 2008 that preparations are underway to expand into Scotland for the first time, opening their first store in Rutherglen in December 2008. By March 2009, the company aimed to have six stores within the area of Glasgow , employing more than two hundred people. In February 2010,
1560-527: Was located in Walkden , followed by the store located in the Stretford Mall. They acquired some of the former outlets of Woolworths . Although the official slogan for the company was "Quality Brands – Quality Prices", the Quality Save stores carrying old signs displayed the Home Bargains slogan: "Top Brands – Bottom Prices". They were supplied by TJ Morris Ltd . Because of this, Quality Save
1600-655: Was sold to McCrory (who maintained the brand) in 1972, McCrory itself went bankrupt in 1992 and all their brands disappeared in 2002. 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 had higher annual sales than Macy's . Dollar and variety store revenue reached $ 77 billion in 2018. As of 2018, main dollar store chains in
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