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    FedMart was a chain of discount department stores started by Sol Price, ... 35 of the locations were leased to Target and the rest were leased to Ralphs Grocery Stores. The closing of FedMart allowed Target an entry into the highly competitive Southern California marketplace. In 1979, the German president ofSee more

    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 … 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 … See more

     
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  3. What happened to Fedmart? The reason for its shutting down …

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    How many FedMart stores are there?Over the next 20 years FedMart grew to include 45 stores, mostly in California, and the Southwest in a chain that generated over $300 million in annual sales. The business expanded to several states in the Southwest United States. Many stores were previous White Front or Two Guys locations.
    Who started FedMart?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.
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    When did FedMart close?By the early 1980s, FedMart began to lose money and started to close stores, mostly outside of California. There were 46 stores left when Hugo Mann decided to close the chain in 1982 and lease the store locations to other retail firms.
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    How did FedMart become a chain of stores?FedMart developed into a chain of stores, and Price pioneered several innovations in the retail industry. FedMart became the first retailer to sell gasoline at wholesale prices. The chain was the first to open an in-store pharmacy. FedMart also opened in-store optical departments, establishing a format that was widely copied decades later.
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  5. FedMart Department Stores - Historic Houston - HAIF - Houston's ...

  6. The Story of FedMart – The Rational Walk

    WebOct 12, 2022 · By 1975, FedMart had 44 locations in California, Arizona, New Mexico, and Texas. After the company was purchased by German retailers in 1975, Sol Price was fired which was the genesis of his next …

  7. WebJul 1, 2016 · By 1960, a second FedMart had opened in Kearny Mesa, and others went up in Arizona and Texas. Jim Sinegal, one of the company’s earliest employees who went on to co-found Costco in 1983 in ...

  8. The Story of FedMart - The Rational Walk - Substack

  9. FedMart - WikiMili, The Best Wikipedia Reader

  10. 2012 Hall of Fame Sol Price | Supermarket News

  11. The Journey from Fed-Mart to Fiesta! – Houston Historic Retail

  12. The history of Costco: how Jim Sinegal redefined members-only …

  13. Sol Price - Wikipedia

  14. Price Club - Wikipedia

  15. Category:FedMart stores in Texas - Bluepages

  16. Taking a shopping trip to stores of the Past (Part 2)

  17. 50 Years Ago: FedMart opening draws huge crowd - Navajo Times

  18. Costco’s rise to retail prominence in the South Bay

  19. Sol Price, Price Club, and the History of Costco - Alabrava

  20. From the Archives: First Price Club opens in San Diego 45 years …

  21. History of Target Corporation - Wikipedia

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