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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 time. From its modest outlet at the … See more
Wikipedia text under CC-BY-SA license What happened to Fedmart? The reason for its shutting down …
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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, …
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 …
WebJul 1, 2016 · (Its name was an acronym for “federal employees merchandise mart”). Only military and government employees were eligible to shop there. The hours of operation were 12:30 to 9 p.m. weekdays, to...
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