FedMart

FedMart was a discount department store chain that was started by Sol Price in 1954. In the decades following, the chain grew to a company and opened stores in Arizona, New Mexico, and Texas. Most of these stores were either former Globe Shopping City, Two Guys, or White Front. In 1975, Price sold two-thirds of FedMart to German retail chain Hugo Mann. Price would be kicked out of FedMart. In 1982, FedMart would later go out of business, and sold most of their stores to Target Corporation and Ralph's.