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Costco membership card from Iceland. Costco's earliest predecessor, Price Club, opened its first store on July 12, 1976, on Morena Boulevard in San Diego, California.It was founded three months earlier by Sol Price and his son, Robert, following a dispute with the new owners of FedMart, Price's previous membership-only discount store. [16]
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Academy Sports + Outdoors; Bargain Hunt; Ben Franklin; Bi-Mart; Big Lots; BJ's Wholesale Club; Bob's Stores, 24 stores, (Connecticut, Massachusetts, New Hampshire ...
PriceSmart, Inc. is an American operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of The Price Club; Robert Price is chairman of the board.
“The most important item we sell is the membership card,” says Ron Vachris, Costco’s new CEO as of Jan. 1. “Everything we do supports that transaction.”
Price Club was an American warehouse club chain. Founded in 1976, it merged with its competitor, Costco Wholesale , in 1993. The original Price Club warehouse in San Diego, California , is now Costco location number 401.
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. [1] He was considered the "father" of the " warehouse store " retail model.
James D. Sinegal (born January 1, 1936) is an American billionaire businessman, co-founder and former CEO of the Costco Wholesale Corporation, [1] an international retail chain. He served as Costco's president and CEO from 1983 until 2011.