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Definition

A variety store is an establishment that sells a wide variety of merchandise in the low and popular price range usually in limited assortments (such as stationery, gift items, women's accessories, toilet articles, light hardware, toys, housewares, and confectionary). Variety stores were formerly known as limited price variety stores because merchandise was usually not sold outside some specified price ranges. The concept originated with the five and dime or dime store. Depending on its location, this type of store may be referred to as a dollar store (US and Canada), pound shop (UK), Eurostore (Germany), etc.[1]

References

  1. ^ American Marketing Association. AMA Dictionary.

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