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The new location would initially employ about 40, he said. The company's next step is to submit its application for a planned development rezone, Kearney said. Tony Servance, a Daytona Beach Planning Board member who lives near the planned Wawa, said, "I think it's a good idea. It's going to create jobs." Servance recently attended a meeting that Wawa held with area residents where they were told, "They (Wawa) anticipated getting (the planned gas station/convenience store) up and running within a year." Wawa officials at the meeting also said that the company is looking to add seven to eight more stores in Volusia County, including four to five in the Daytona area, Servance said. Kearney confirmed that the chain is considering sites along major east-west corridors including Beville Road, International Speedway Boulevard and Granada Boulevard. "We're still working out the details," he said, adding, "We're pursuing a lot of options. If the A site doesn't work out, we could then go with a B site." Sites under consideration include some with existing businesses, he confirmed. Wawa opened its first stores in the Volusia-Flagler area in 2015, when it added two in Port Orange and one in Orange City. It recently opened a store along State Road 44 in New Smyrna Beach and, in addition to the Daytona Beach store under construction on Ridgewood, is also planning to build a store in Palm Coast near the intersection of State Road 100 and Belle Terre Parkway. The latter would be its first in Flagler County. "We don't have enough stores in Volusia County," said Kearney.
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“It’s going to Middle America. And we embrace it.” Hollar founder and CEO David Yeom grew up going to dollar stores in East Los Angeles. In 2015, Yeom was working as VP at The Honest Company and looking to branch out on his own. He found himself thinking about his childhood and those trips to the dollar stores. They were still in business, so why were there no online equivalents? Yeom contacted his good friend John Um, then head of strategy at the 99 Cents Only Stores, and asked him, “How come when I go to 99only.com all I get is a store locator? I can’t even purchase a gift card on the site.” Um explained that it was an issue of legacy: The company, which has nearly 400 locations, never evolved past its original retail model. The supply chain was never designed for it, so the format has remained status quo for decades. Um agreed there was an opportunity: The number of dollar stores in the United States grew from 24,500 in 2011 to over 30,000 in 2016. Surely, he and Yeom thought, that audience also shops online. The friends then recruited former ShoeDazzle executives Eddie Rhyu and Thanh Khuu, as well as Brian Lee, cofounder of LegalZoom, ShoeDazzle, and Honest Company.
For the original version including any supplementary images or video, visit https://www.fastcompany.com/3068783/this-online-dollar-store-startup-targets-a-growing-sector-the-mill