#308
Mentioned in 9 episodes
Sol Price
Retail Revolutionary and Social Innovator
Book • 2012
This book details the life and legacy of Sol Price, who transformed the retail industry with innovative concepts such as warehouse shopping and membership-based pricing.
Starting with his early life and his transition from a successful lawyer to a retail entrepreneur, the book chronicles the establishment of FedMart in 1954 and later the Price Club, which influenced retail giants like Walmart, Kmart, and Costco.
It highlights Sol Price's emphasis on ethical business practices, fair employee treatment, and customer-centric policies, as well as his innovative strategies such as self-service shopping, consolidation of merchandise, and low-margin pricing.
The book also explores his impact on the retail landscape and his later contributions to gentrification of dilapidated areas.
Starting with his early life and his transition from a successful lawyer to a retail entrepreneur, the book chronicles the establishment of FedMart in 1954 and later the Price Club, which influenced retail giants like Walmart, Kmart, and Costco.
It highlights Sol Price's emphasis on ethical business practices, fair employee treatment, and customer-centric policies, as well as his innovative strategies such as self-service shopping, consolidation of merchandise, and low-margin pricing.
The book also explores his impact on the retail landscape and his later contributions to gentrification of dilapidated areas.
Mentioned by
Mentioned in 9 episodes
Mentioned by 
David Rosenthal as a self-published biography detailing Costco's history and business practices.
David Rosenthal as a self-published biography detailing Costco's history and business practices.
2,741 snips
Costco
Mentioned by 
David Senra as a highly influential retailer whose strategies impacted Sam Walton and others.
David Senra as a highly influential retailer whose strategies impacted Sam Walton and others.
913 snips
#234 Sam Walton: Made In America
Mentioned by David Senra in relation to the mentorship between Sol Price and Jim Sinegal, comparing it to the relationship between Kobe Bryant and Michael Jordan.
David Senra in relation to the mentorship between Sol Price and Jim Sinegal, comparing it to the relationship between Kobe Bryant and Michael Jordan.497 snips
#272 Kobe Bryant (The Life)
Recommended by David Senra after completing a second reading, highlighting Sol Price's influence on retail and Costco's founding.
David Senra after completing a second reading, highlighting Sol Price's influence on retail and Costco's founding.392 snips
#304: Sol Price (The Founder Who Taught Jim Sinegal, Sam Walton, Jeff Bezos, Bernie Marcus)
Mentioned by David Senra as a biography of Sol Price, founder of FedMart and Price Club, offering insights into his business philosophy and life.
David Senra as a biography of Sol Price, founder of FedMart and Price Club, offering insights into his business philosophy and life.152 snips
#107 Sol Price (Costco)
Mentioned by 
Clay Finck as a difficult-to-find book detailing Saul Price's life and retail innovations.
Clay Finck as a difficult-to-find book detailing Saul Price's life and retail innovations.
44 snips
TIP691: Sol Price: The Retail Visionary Behind Costco w/ Clay Finck
