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Rated R – The Enterprises And Associates Of Art Pope

The poster boy for the reverse Robin Hood role is North Carolina billionaire Art Pope. Pope’s inherited business empire operates under the umbrella of Variety Wholesalers. Variety is privately held and therefore it is difficult to get exact numbers, but they do business under ten different names. They are in retail and there are two guiding principles they utilize when determining where to locate a store. They look for a neighborhood with a median income of under $40,000 and a population that is at least 25% African-American. In less polite language, they look for people with fewer options that they can exploit. Continue reading Rated R – The Enterprises And Associates Of Art Pope