Price Club Magnets

Price Club was a warehouse store chain, founded by Sol Price in San Diego, California. Price devised the Price Club concept in 1975 after being forced out of FedMart, another retail chain he founded. Price and a few of his friends put up $2.5 million in capital to open the first Price Club on July 12, 1976 in San Diego. Price Club would eventually merge with one of its competitors and the combined company would go on to become the global leader in the wholesale shopping club space with more than 800 warehouses worldwide as of 2021.

Price Club was a warehouse store chain, founded by Sol Price in San Diego, California. Price devised the Price Club concept in 1975 after being forced out of FedMart, another retail chain he founded. Price and a few of his friends put up $2.5 million in capital to open the first Price Club on July 12, 1976, in San Diego. Price Club would eventually merge with one of its competitors and the combined company would go on to become the global leader in the wholesale shopping club space with more than 800 warehouses worldwide as of 2021.

Are you sure you want to enter the Vortex Club?

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Monster Genealogy

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FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. It was originally a discount department store open to government employees, who paid a membership fee of just $2 per family. FedMart's first location in San Diego, California was in a converted airport hangar and the store's first year was highly successful, exceeding all expectations. Over the next 20 years, FedMart grew to include 45 stores in a chain that generated more than $300 million in annual sales and expanded to several states in the Southwest United States with many locations being previous White Front or Two Guys stores. Price later sold two-thirds of the chain to Hugo Mann, a German retail chain, and in 1975 and was forced out.

Do you belong to a group of flocked up loyal women? If so, this pretty pink flamingo design is for you.