Sol Price: Retail Revolutionary and Social Innovator

Sol Price: Retail Revolutionary and Social Innovator by Price, Robert E.. hardcover edition. ISBN: 9780988680609.

Sol Price: Retail Revolutionary and Social Innovator, recounts the extraordinary life of a man who profoundly impacted the shopping habits of consumers in the United States and throughout much of the world. Written by Sols son Robert Price, this narrative - part biography and part memoir - provides a unique insight into his fathers life. Sols retail success was grounded in an absolute commitment to bringing the best value to his customers. Just as importantly, he insisted on paying high wages and good benefits, including health care, to his employees. He had a real conscience satisfied only by giving the best deal he could to just about everyone. As a retail revolutionary, Sols creative brilliance changed the way we shop, first with FedMart in 1954, the retail format copied by Walmart, Kmart, and Target in 1962, and then, with the Price Club, the warehouse club format adopted by Costco and Sams Club in 1983. Self-service shopping in large florescent-lit buildings has become part of the American culture and is now the predominant mode of shopping though most of the world.