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Costco's Wholesale Revolution | 6

Business Wars

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The Birth of Costco: From Price Club to Retail Revolution

This chapter traces the evolution of Costco from its roots in the entrepreneurial spirit of Saul Price and the establishment of FedMart. It highlights the innovative membership model and food court concept introduced by Price Club, which set the stage for Costco's unique retail approach. Additionally, it discusses pivotal moments in the company's history, including the merger with Price Club, solidifying Costco's place in the wholesale club market.

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