Price Club, every mention

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every year anyone David Senra 41

Verbatim, from the transcripts: the passages where Price Club comes up

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The Inside Story of America's Richest Man: Sam Walton Jul 11, 2024 · 1 mention

The World's Great Family Dynasties: Rockefeller, Rothschild, Morgan, & Toyada Mar 25, 2024 · 1 mention

  • ▶ 41:46 David Senra They caught, uh, Sam Walton walking through, like, uh, Price Club, I think, at the time, and I think Sol Price's son was the one running the business at this point, and he had been walking around, not just taking notes, but he had, like,…

Sol Price: The Founder Who Taught Jim Sinegal, Sam Walton, Jeff Bezos, and Bernie Marcus Mar 22, 2024 · 39 mentions

  • ▶ 2:01 David Senra In 1993, our two companies, Price Club and Costco, merged to form the Costco that we know today. 3 times in the scene
  • ▶ 4:19 David Senra And one of the reasons that he identified Jim as the person he wanted to sell price club to later on was the fact that he thought Jim was a world-class operator and fantastic at execution, which everybody obviously that's running to Jim…
  • ▶ 32:54 David Senra And then again, version of Costco before Costco, FedMart, like Price Club after it, and like Costco after that.
  • ▶ 38:40 David Senra The success of FedMart and later Price Club had a lot to do with being the lowest cost operator.
  • ▶ 39:10 David Senra It's why, after he gets kicked out of FedMart, starts Price Club, 3 times in the scene
  • ▶ 43:34 David Senra And so immediately after he gets fired from FedMart, he starts what he's going to call the price club. 10 times in the scene
  • ▶ 47:07 David Senra The Price Club is so successful before it sells, it's going to wind up petering out before Costco buys it, in large part because of competitors that Sol Price actually created for himself. 10 times in the scene
  • ▶ 51:13 David Senra And so in this case, in this story, Costco and Sam Walton are going over, under, and through the competition to the detriment of Price Club. 7 times in the scene
  • ▶ 53:04 David Senra Uh, Robert Price was a huge, hugely important into the development of the Price Club. 3 times in the scene
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