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FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart earned four times more than its investors had projected in its first year. Over the next 20 … See more
"One day we noticed he [Bertrand] was getting rid of most of the watches up in Los Angeles.” The place in Los Angeles was FEDCO, an interesting new wrinkle in the retail economy at the … See more
Wikipedia text under CC-BY-SA license The Story of FedMart – The Rational Walk
WEBOct 12, 2022 · Learn how Sol Price created the membership warehouse club industry with FedMart, a discount retailer that served federal government workers and their families. Read about Price's vision, …
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WEBNov 1, 2018 · Source: Wikipedia, “FedMart opening herald new era,” proclaimed the Navajo Times in its front-page article the next week. If you don’t remember stopping by that weekend, there is a good ...
Who is Sol Price? Lessons from the Discount Store Pioneer who …
WEBAug 1, 2021 · The Price Club was formed in April, about three months after the father-son team was unceremoniously locked out of their executive offices at FedMart Corp. Sol Price was the founder of FedMart ...
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