Acquired
Costco
David Rosenthal
And a few cents at that time was a lot because gas was like 25 cents. And unlike gas stations, FedMart is making money on consumers shopping in the store as well. So they can price at cost on the gasoline, get all the traffic coming to the store, and then monetize through the store. They add a pharmacy to FedMart. Costco Pharmacy today, people are religious about it. So there's a crazy story.
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