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G. E. M. Membership Department Stores was a chain of discount stores, in the US and Canada. Their first location opened in Denver in 1956. GEM offered something different: membership. The qualifications included government-, religious- and school employees, members of the armed forces, and employees of companies that did “substantial work ...
Across the United States, a large number of local stores and store chains that started between the 1920s and 1950s have become defunct since the late 1960s, when many chains were either consolidated or liquidated.
FedMart was a chain of discount department stores started by Sol Price, who later founded Price Club. Originally a discount department store open to government employees paying a $2 per family membership fee, FedMart earned four times more than its investors had projected in its first year.
Gold Circle was a discount department store chain based in Ohio. Founded in 1967, it was a division of Federated Department Stores with 76 stores when the chain was sold and dismantled in 1988.
Anyone could borrow or take a member's card and enter. Names on the cards were only checked when paying by check. Fedco's lifetime membership cost $10 (~$19.00 in 2023) in 1998. [1] [2] At its peak, Fedco had ten department stores plus three appliance-only stores, and served 4 million members.
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs.
In 1967, Federated opened its Gold Circle discount department store division in Columbus, locating stores directly across from Lazarus stores at Northland, Eastland and Westland malls. In the mid-1970s Federated opened its "Capri" shops, off-mall Lazarus stores that budget store goods.
Contrary to the prevailing practice of American discount store chains, Walton located stores in smaller towns, not larger cities. To be near consumers, the only option at the time was to open outlets in small towns.
CDW Corporation, headquartered in Vernon Hills, Illinois, is a provider of technology products and services for business, government and education.
Dollar Tree stores in the U.S., as of December 2020 . Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 (sometimes referred to as Fortune 200) company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada.