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Sol Price (January 23, 1916 – December 14, 2009) was an American retailer and the founder of FedMart, Price Club (which ultimately merged into Costco) and PriceSmart. He was considered the "father" of the "warehouse store" retail model. See more
January 23, 1916Sol Price was born in The Bronx in New York City.early 1920sThe Price family relocated to San Diego.1931Sol Price graduated from San Diego High School.1932Sol Price attended San Diego State University.1936Sol Price earned his undergraduate degree (in philosophy) from the University of Southern California.1938Sol Price earned a law degree from the University of Southern California and married his girlfriend Helen Moskowitz.November 1938Sol Price was admitted to the California Bar.1954Sol Price launched the first FedMart.1976Sol Price founded Price Club.1980Price Club went public.In the late 1980s, Price donated $2 million to the construction of a new student center on the campus of University of California, San Diego. … See more
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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 …
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WebOct 12, 2022 · Sol Price founded FedMart in 1954 and pioneered the concepts that still drive the business model of membership-based discount warehouses such as Costco to this day.
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Sol Price
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