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|
FedMart was a chain of discount department … FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. His first location in San Diego, California was in a converted airport hangar where planes were parked for fun. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart's first year was highly successful to some, yet struggled to others. Over the next 20 years FedMart grew to include 45 stores, mostly in California and the Southwest, in a chain that generated over $300 million in annual sales. The business expanded to several states in the Southwest United States. Many stores were previous White Front or Two Guys locations. Price later sold two-thirds of the chain to Hugo Mann, a German retail chain, in 1975 and was forced out of his leadership position the following year. FedMart went out of business in 1982.ear. FedMart went out of business in 1982.
|
| http://dbpedia.org/ontology/fate
|
Liquidation; many stores rebranded asTarget
|
| http://dbpedia.org/ontology/foundedBy
|
http://dbpedia.org/resource/Sol_Price +
|
| http://dbpedia.org/ontology/foundingYear
|
1954
|
| http://dbpedia.org/ontology/industry
|
http://dbpedia.org/resource/Retail +
|
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|
http://dbpedia.org/resource/San_Diego%2C_California +
|
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|
46
, 70
|
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|
http://commons.wikimedia.org/wiki/Special:FilePath/FedMart%2C_San_Antonio%2C_Texas_1979.jpg?width=300 +
|
| http://dbpedia.org/ontology/type
|
http://dbpedia.org/resource/Discount_store +
|
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|
http://www.referenceforbusiness.com/history/Pa-Ql/PriceSmart-Inc.html +
|
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|
5185316
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|
13135
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1121559780
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http://dbpedia.org/resource/Fedco +
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|
| http://dbpedia.org/property/areaServed
|
Texas
, Arizona
, New Mexico
, California
|
| http://dbpedia.org/property/fate
|
Liquidation; many stores rebranded as Target
|
| http://dbpedia.org/property/founded
|
in San Diego
|
| http://dbpedia.org/property/founder
|
Sol Price
|
| http://dbpedia.org/property/industry
|
http://dbpedia.org/resource/Retail +
|
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http://dbpedia.org/resource/San_Diego%2C_California +
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46
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|
200
|
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|
FedMart
|
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|
clothing, footwear, housewares, sporting goods, hardware, toys, electronics, food
|
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http://dbpedia.org/resource/Discount_store +
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http://www.w3.org/2006/03/wn/wn20/instances/synset-company-noun-1 +
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http://dbpedia.org/resource/Category:Defunct_discount_stores_of_the_United_States +
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http://dbpedia.org/resource/Chain +
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http://en.wikipedia.org/wiki/FedMart?oldid=1121559780&ns=0 +
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http://commons.wikimedia.org/wiki/Special:FilePath/1964_FedMart_Notepad.jpg +
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http://en.wikipedia.org/wiki/FedMart +
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FedMart
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| rdfs:comment |
FedMart was a chain of discount department … FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. His first location in San Diego, California was in a converted airport hangar where planes were parked for fun. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart's first year was highly successful to some, yet struggled to others. Over the next 20 years FedMart grew to include 45 stores, mostly in California and the Southwest, in a chain that generated over $300 million in annual sales. The business expanded to several states in the Southwest United States. Many stores were previous White Front or Two Guys locations. Price later sold two-thirds of the chain to Hugo Mann, a German retail chain, in 1975 and was forced out of hiil chain, in 1975 and was forced out of hi
|
| rdfs:label |
FedMart
|
