diff --git a/.eslintignore b/.eslintignore
index bc31435419..4a113378ce 100644
--- a/.eslintignore
+++ b/.eslintignore
@@ -1,5 +1,6 @@
 src/shared
 shared.js
+store.js
 test/test.js
 test/setup.js
 **/_actual.js
diff --git a/store.js b/store.js
new file mode 100644
index 0000000000..4fee967aaf
--- /dev/null
+++ b/store.js
@@ -0,0 +1,87 @@
+import {
+	assign,
+	blankObject,
+	differs,
+	dispatchObservers,
+	get,
+	observe
+} from './shared.js';
+
+function Store(state) {
+	this._state = state ? assign({}, state) : {};
+	this._observers = { pre: blankObject(), post: blankObject() };
+	this._changeHandlers = [];
+	this._dependents = [];
+}
+
+assign(Store.prototype, {
+	get,
+	observe
+}, {
+	_add: function(component, props) {
+		this._dependents.push({
+			component: component,
+			props: props
+		});
+	},
+
+	_remove: function(component) {
+		let i = this._dependents.length;
+		while (i--) {
+			if (this._dependents[i].component === component) {
+				this._dependents.splice(i, 1);
+				return;
+			}
+		}
+	},
+
+	onchange: function(callback) {
+		this._changeHandlers.push(callback);
+		return {
+			cancel: function() {
+				var index = this._changeHandlers.indexOf(callback);
+				if (~index) this._changeHandlers.splice(index, 1);
+			}
+		};
+	},
+
+	set: function(newState) {
+		var oldState = this._state,
+			changed = {},
+			dirty = false;
+
+		for (var key in newState) {
+			if (differs(newState[key], oldState[key])) changed[key] = dirty = true;
+		}
+		if (!dirty) return;
+
+		this._state = assign({}, oldState, newState);
+
+		for (var i = 0; i < this._changeHandlers.length; i += 1) {
+			this._changeHandlers[i](this._state, changed);
+		}
+
+		dispatchObservers(this, this._observers.pre, changed, this._state, oldState);
+
+		var dependents = this._dependents.slice(); // guard against mutations
+		for (var i = 0; i < dependents.length; i += 1) {
+			var dependent = dependents[i];
+			var componentState = {};
+			dirty = false;
+
+			for (var j = 0; j < dependent.props.length; j += 1) {
+				var prop = dependent.props[j];
+				if (prop in changed) {
+					componentState['$' + prop] = this._state[prop];
+					dirty = true;
+				}
+			}
+
+			if (dirty) dependent.component.set(componentState);
+		}
+
+		dispatchObservers(this, this._observers.post, changed, this._state, oldState);
+	}
+});
+
+export default Store;
\ No newline at end of file
diff --git a/test/store/index.js b/test/store/index.js
new file mode 100644
index 0000000000..414e49bae4
--- /dev/null
+++ b/test/store/index.js
@@ -0,0 +1,95 @@
+import assert from 'assert';
+import Store from '../../store.js';
+
+describe('store', () => {
+	describe('get', () => {
+		it('gets a specific key', () => {
+			const store = new Store({
+				foo: 'bar'
+			});
+
+			assert.equal(store.get('foo'), 'bar');
+		});
+
+		it('gets the entire state object', () => {
+			const store = new Store({
+				foo: 'bar'
+			});
+
+			assert.deepEqual(store.get(), { foo: 'bar' });
+		});
+	});
+
+	describe('set', () => {
+		it('sets state', () => {
+			const store = new Store();
+
+			store.set({
+				foo: 'bar'
+			});
+
+			assert.equal(store.get('foo'), 'bar');
+		});
+	});
+
+	describe('observe', () => {
+		it('observes state', () => {
+			let newFoo;
+			let oldFoo;
+
+			const store = new Store({
+				foo: 'bar'
+			});
+
+			store.observe('foo', (n, o) => {
+				newFoo = n;
+				oldFoo = o;
+			});
+
+			assert.equal(newFoo, 'bar');
+			assert.equal(oldFoo, undefined);
+
+			store.set({
+				foo: 'baz'
+			});
+
+			assert.equal(newFoo, 'baz');
+			assert.equal(oldFoo, 'bar');
+		});
+	});
+
+	describe('onchange', () => {
+		it('fires a callback when state changes', () => {
+			const store = new Store();
+
+			let count = 0;
+			let args;
+
+			store.onchange((state, changed) => {
+				count += 1;
+				args = { state, changed };
+			});
+
+			store.set({ foo: 'bar' });
+
+			assert.equal(count, 1);
+			assert.deepEqual(args, {
+				state: { foo: 'bar' },
+				changed: { foo: true }
+			});
+
+			// this should be a noop
+			store.set({ foo: 'bar' });
+			assert.equal(count, 1);
+
+			// this shouldn't
+			store.set({ foo: 'baz' });
+
+			assert.equal(count, 2);
+			assert.deepEqual(args, {
+				state: { foo: 'baz' },
+				changed: { foo: true }
+			});
+		});
+	});
+});