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- Fedco Inc., a Southern California discount chain, filed a voluntary petition under Chapter 11 and closed down after nearly 50 years of operation12. The members-only general merchandise store had helped foment the mass merchant channel but ultimately succumbed to competitive pressures from it1. Fedco never expanded beyond the Los Angeles and San Diego areas and filed for bankruptcy in 199932. Most of its locations were sold to the Target chain, while others were razed32.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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-1590What 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.furrywa.wordpress.com/2013/05/27/fedco-socals-st…
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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
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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