Title: Dime Stores | Encyclopedia.com
Headings: Dime Stores
Dime Stores
DIME STORES
BIBLIOGRAPHY

Content: Drug stores, particularly deep-discount drug stores, captured the toiletries business. Discount stores and toy chains, such as Toys 'R' Us and KB Toys, captured the toy business. Grocery stores and drug stores took over the candy business. The notions business went to fabric stores and became a victim of cultural changes. Woolworth closed its last dime store in 1997. By the early twentieth century, the McCrory Corporation, under the ownership of Meshulam Riklis, owned many of the famous names but operated only 160 stores. The growth of malls and discount stores and the demise of downtown shopping centers took away the foot traffic that dime stores needed to survive. Inflation took away the five-and-ten-cent prices. The variety stores left to others the concept of dollar stores, which prospered in free-standing, neighborhood locations, while downtown shopping and dime stores faded away. In 2001, Dollar General had 2,734 stores, and Dollar Tree had 1,732 stores.