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Sol Price
American warehouse retailer (1916–2009)
Sol Price | |
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Born | (1916-01-23)January 23, 1916 New York City, New York, U.S. |
Died | December 14, 2009(2009-12-14) (aged 93) San Diego, California, U.S. |
Education | San Diego State University University of Southern California (BA, JD) |
Known for | Costco, Price Club, Fedmart, PriceSmart |
Spouse | Helen Moskowitz |
Children | 2 |
Sol Price (January 23, 1916 – December 14, 2009) was an American retailer and the founder of FedMart, Price Club (which ultimately merged into Costco) and PriceSmart.[1] He was considered the "father" of the "warehouse store" retail model.[2]
Early life and education
Price was born in The Bronx in New York City, the son of Samuel and Bella Price, Jewish immigrants to the United States from Minsk (Belarus), in the early years of the 20th century.[3] The family relocated to San Diego in the early 1920s.
Price graduated from San Diego High Scho