Sol Price made his mark on retailing by lowering the selling price of goods. It was Price who led the way for the founders of Target, Kmart and a guy named Sam down in Bentonville, Ark. Price was the inventor of the warehouse club store. In addition, he was among the first retailers to add an assortment of low-margin foods to a mix of low-margin general merchandise under the same roof; to see the potential for selling food in bulk sizes; and to offer on-site gas stations, in-store ...

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