Fedco
Fedco is the nonprofit federal-employee membership club in Costco that helped show Sol Price how pooled buying power, restricted access, and membership could support low prices. The episode treats it as a precursor rather than a direct predecessor: Fedco refused Price’s San Diego expansion proposal, which pushed him to found FedMart.
Connections
- Sol Price and FedMart - membership-discount lineage.
- Membership Retail and Warehouse Club Model - later models informed by the Fedco template.