- Great American Business Leaders of the Twentieth Century
Robert E. Price
Price Company
1976 - 1993
Retail
b. 1942
| Education |  |
|---|---|
| Undergraduate | Pomona College |
| Personal | |
|---|---|
| Born-Died | 1942 |
| Birthplace | |
| Race | White |
| Father | Owner, Large Business |
Price, along with his father, founded the first discount-shopping club. Initially targeting small businesses, the Price Club opened up memberships to individuals and other organizations who could benefit from bulk/warehouse purchasing discounts. With his business concept, Price spawned a new industry that would produce a new retail landscape including BJ’s Warehouse, Sam’s Club, and Costco.