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FedMart - Wikipedia
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 The Story of FedMart – The Rational Walk
WEBOct 12, 2022 · FedMart was initially founded to serve federal government workers and their families. 1 To shop at FedMart, one had to purchase a lifetime membership for $2. Hours were limited but tilted toward evening …
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WEBJul 1, 2016 · Price could not arrange a joint venture, so he and his team of advisers and investors decided to open FedMart in November 1954. (Its name was an acronym for “federal employees merchandise...
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WEBDec 3, 2012 · He and a group of investors opened their first business, called FedMart, in San Diego on Dec. 3, 1954, after visiting a Fedco membership department store in Los Angeles — a nonfood discount...
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