Costco’s earliest predecessor, Price Club, opened its first store on July 12, 1976, on Morena Boulevard in San Diego, California. It was founded three months earlier by Sol Price and his son, Robert, following a dispute with the new owners of FedMart, Price’s previous membership-only discount store. Price Club was among the first retail warehouse clubs, beginning with its Morena Boulevard store inside a series of old airplane hangars once owned by Howard Hughes. The store, now known as Costco Warehouse #401, is still in operation today.
Founder: James Sinegal & Jeffrey Brotman
Address: 999 Lake Dr, Issaquah, WA 98027, USA
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