About: Price Club

An Entity of Type: Privately held company, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Price Club was an American warehouse store chain. It merged with its competitor, Costco Wholesale, in 1993 and adopted the Costco name in 1997. The original Price Club warehouse is still open, operating as Costco location #401. Sol Price founded Price Club, creating the concept in 1975 after being forced out of FedMart, another retail chain he founded. He and several friends invested $2.5 million. The first Price Club on July 12, 1976, in San Diego, California, the former site of a manufacturing building previously owned by Howard Hughes.

Property Value
dbo:abstract
  • Price Club was an American warehouse store chain. It merged with its competitor, Costco Wholesale, in 1993 and adopted the Costco name in 1997. The original Price Club warehouse is still open, operating as Costco location #401. Sol Price founded Price Club, creating the concept in 1975 after being forced out of FedMart, another retail chain he founded. He and several friends invested $2.5 million. The first Price Club on July 12, 1976, in San Diego, California, the former site of a manufacturing building previously owned by Howard Hughes. Club membership was initially only available to business customers, but was later opened to certain groups, such as employees of local businesses, nonprofits, and government. The company charged shoppers a $25 annual membership fee to purchase bulk products at discount prices in a no-frills warehouse setting. Price Club's high sales volume enabled Sol Price to give his employees more benefits and higher wages than typical retailers. The company expanded to 94 locations throughout the United States, Canada, and Mexico (joint venture with Controladora Comercial Mexicana). In 1992, Price Club generated $6.6 billion in revenue and $134.1 million in profit. Price Club merged with rival Costco in 1993 and the combined company was known as PriceCostco. Price Club and Costco continued to operate as separate stores with members of either chain being able to shop at both stores with their membership cards. In 1997, PriceCostco became Costco Wholesale Corporation and the remaining Price Clubs were rebranded as Costco. (en)
  • Price Club (appelé Club Price au Québec) est une chaine de distribution fondée par Sol et Robert Price en 1976 à San Diego en Californie aux États-Unis et qui a fusionné avec Costco en 1993, afin de devenir PriceCostco. PriceCostco s'appelle maintenant Costco Wholesale. * Portail des entreprises * Portail du commerce * Portail de San Diego (fr)
dbo:fate
  • Merged withCostco (en)
dbo:foundedBy
dbo:foundingDate
  • 1976-07-12 (xsd:date)
dbo:foundingYear
  • 1976-01-01 (xsd:gYear)
dbo:locationCity
dbo:numberOfLocations
  • 94 (xsd:nonNegativeInteger)
dbo:thumbnail
dbo:type
dbo:wikiPageID
  • 1241065 (xsd:integer)
dbo:wikiPageLength
  • 5037 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 1098294670 (xsd:integer)
dbo:wikiPageWikiLink
dbp:areaServed
  • North America (en)
dbp:fate
  • Merged with Costco (en)
dbp:foundation
dbp:founder
  • Sol Price (en)
dbp:hqLocationCity
dbp:hqLocationCountry
  • United States (en)
dbp:imageCaption
  • A former Price Club shopping cart (en)
dbp:imageSize
  • 200 (xsd:integer)
dbp:industry
  • Warehouse (en)
dbp:name
  • Price Club (en)
dbp:numLocations
  • 94 (xsd:integer)
dbp:numLocationsYear
  • 1993 (xsd:integer)
dbp:type
dbp:wikiPageUsesTemplate
dcterms:subject
gold:hypernym
rdf:type
rdfs:comment
  • Price Club (appelé Club Price au Québec) est une chaine de distribution fondée par Sol et Robert Price en 1976 à San Diego en Californie aux États-Unis et qui a fusionné avec Costco en 1993, afin de devenir PriceCostco. PriceCostco s'appelle maintenant Costco Wholesale. * Portail des entreprises * Portail du commerce * Portail de San Diego (fr)
  • Price Club was an American warehouse store chain. It merged with its competitor, Costco Wholesale, in 1993 and adopted the Costco name in 1997. The original Price Club warehouse is still open, operating as Costco location #401. Sol Price founded Price Club, creating the concept in 1975 after being forced out of FedMart, another retail chain he founded. He and several friends invested $2.5 million. The first Price Club on July 12, 1976, in San Diego, California, the former site of a manufacturing building previously owned by Howard Hughes. (en)
rdfs:label
  • Price Club (fr)
  • Price Club (en)
owl:sameAs
prov:wasDerivedFrom
foaf:depiction
foaf:isPrimaryTopicOf
foaf:name
  • Price Club (en)
is dbo:knownFor of
is dbo:predecessor of
is dbo:wikiPageRedirects of
is dbo:wikiPageWikiLink of
is dbp:knownFor of
is dbp:predecessor of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License