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Unimart was a discount retailer in the Greater Los Angeles and San Diego metropolitan areas in the 1960s. Its locations variously became Two Guys, Gemco, and FedMart.Unimart was owned by Food Giant Inc. until it merged in 1967 with Vornado, the owner of Two Guys, which quickly converted Unimart stores to Two Guys.
International Gold Bullion Exchange was founded in 1979 by brothers William and James Alderdice. It grew to be reportedly the largest retail gold bullion dealer in the United States. [1] It offered sale and storage of gold and silver bullion and coins. The company would sell gold bullion at a discount if the buyer agreed to postpone taking ...
Most discount stores of this type did not accept credit cards because transaction fees charged by the credit card transaction processors were quite high in relation to their (single-digit percent range) margins, and they would have to raise prices to compensate, putting them at a competitive disadvantage to stores that did not accept credit cards.
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A second San Diego-area store opened in Kearny Mesa in 1958 followed by the opening of other stores in San Diego and the rest of Southern California. Membership requirements were dropped in the 1960s and FedMart become a non-membership discount store. [8] In October 1968, the company opened its 36th store in Window Rock, Arizona. [1]
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