
Summary
Robert E. Price recounts his father’s work in discount retailing, from FedMart to Price Club and the later Costco merger. Jim Sinegal’s foreword links the model to operating efficiency, customer savings, employee pay and supplier relations. The contents also follow Sol Price’s later community work.
Why read it Our view
Study how low costs, customer value and treatment of staff and suppliers form one retail model. Sinegal’s foreword also distinguishes a new concept from the operating discipline needed to make it work.
Written about
- Jim SinegalForeword author and company-history participantThe original 2012 book credits Sinegal’s foreword. He discusses the operating principles learned from Sol Price and later applied at Costco; this is participation and testimony, not a reading recommendation.Source
- Sol PriceBiography subject; written by his son and business partnerRobert E. Price recounts his father’s retail and community work. Jim Sinegal’s foreword gives a firsthand view of the operating model. Reuses the existing 2012 San Diego History Center record; this is not a personal reading recommendation.Source