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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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WEBJul 1, 2016 · Two years later, Price opened a 50,000-square-foot FedMart, called “Our Way,” in Houston, staffed it with African-Americans and stocked it with high-quality products at low prices.
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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 …
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