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  2. Fedco Inc., the Southern California discount chain, is calling it quits after nearly 50 years, ending a unique experiment in altruistic retailing. The members-only general merchandise store, which filed a voluntary petition under Chapter 11, said it had finally succumbed to competitive pressures from the mass merchant channel it had helped foment.
    www.twice.com/product/fedco-shut-its-doors-fall-1590
    What happened to Fedco? Fedco filed for Chapter 11 bankruptcy in 1999, at which point it had been the longest-operating membership-based store in the country. Most of its locations were sold to the Target chain, while others (like the Escondido, California, location) were razed, and the Ontario location became the city’s police department.
    www.timesmojo.com/what-happened-to-miller-outp…
    Fedco never expanded beyond the Los Angeles and San Diego areas and ultimately, it filed for bankruptcy in 1999. Most Fedco stores, including the Pasadena store were torn down and replaced by Target stores, while others were down and are now long forgotten.
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    When did Fedco go out of business?Fedco — or the Federal Employees' Distributing Company — was the 1948 brainchild of hundreds of postal workers looking for a better place to shop. Despite its pioneering efforts in the members-only warehouse business, Fedco ultimately filed for bankruptcy in 1999. Fedco. Wikimedia Commons
    Did Fedco sell wares to federal employees?From its modest outlet at the end of Slauson Avenue near a cow pasture, FEDCO sold wares at extraordinary discounts to federal employees only — discounts made possible because it was a nonprofit corporation acting almost as a commissary for civilian federal workers.
    en.wikipedia.org
    What did Fedco members get?Members received a subscription to the Fedco Reporter, special discounts of items, and FEDCO related news. The Federal Employees' Distributing Company (FEDCO), was a non-profit organization department store which provided customers with a one stop shop experience.
    When did Fedco start?Federal Employees' Distributing Company, known as Fedco, was a membership department store chain that operated in Southern California from 1948 to 1999. Fedco predated the giant chains Walmart, Target, Kmart, Ames, and fellow membership chain Costco, but remained a regional chain and eventually...
     
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    Fedco - Wikipedia

    The Fedco price on many items ended in 87 cents to claim the lowest price, even if it was only pennies below the customary 99 cent prices of competitors. For most of its lifetime, Fedco was closed on Wednesdays, though some employees would work, re-stocking or taking inventory. See more

    Federal Employees' Distributing Company, known as Fedco, was a membership department store chain that operated in Southern California from 1948 to 1999. See more

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    Beginning
    The chain was unusual in that it was a nonprofit consumers' cooperative. It was founded by 800 See more

    • Karen Newell Young, "Discount Stores in County Proliferate: A Profile of Fedco," Archived 2012-11-07 at the Wayback Machine, Los Angeles Times (Orange County ed.) February 19, 1988, Orange County Life p. 8. See more

     
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    WEBMay 1, 2017 · The Fedco no longer stands on this intersection — it has now been replaced by a Target — but back then, Fedco was similar to a Costco.

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