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Bi-Mart
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==History== [[File:Bi-Mart store.jpg|thumb|A typical Bi-Mart store in [[Ontario, Oregon]]]] The company was founded in 1955 and is headquartered in [[Eugene, Oregon]]. Bi-Mart's first store opened in [[Yakima, Washington]], in 1955, but it did not open a second store until 1962. In 1976, Bi-Mart was bought by [[Pay 'n Save]], which itself was acquired by [[Thrifty PayLess|Thrifty Corporation]] in 1984. It was subsequently merged into the former [[Kmart (United States)|Kmart]] subsidiary [[Thrifty PayLess|PayLess Drug]], and finally purchased by [[Rite Aid]] in 1996. In 1997, Bi-Mart's management and Endeavour Capital (a Portland-based [[venture capital]] firm) bought the company;<ref>{{cite web | url = http://www.endeavourcapital.com/printPortfolio.html | title = Endeavour Capital Portfolio Overview | publisher = Endeavour Capital | access-date = 2012-01-07 | url-status = dead | archive-url = https://web.archive.org/web/20111230132959/http://www.endeavourcapital.com/printPortfolio.html | archive-date = 2011-12-30 }}</ref> they sold it to employees on March 1, 2004, for $94 million, which included $12.5 million contributed from the [[401(k)]] plan. Bi-Mart is the sole surviving store name of former Pay 'n Save subsidiaries. ([[Schucks Auto Supply]] retained its name until acquired by [[O'Reilly Automotive, Inc.]] and rebranded in 2010.) In October 2003, Bi-Mart announced it was expanding eastward. Eight stores were planned with the first store in [[Havre, Montana]]. The second store opened three years later in [[Weiser, Idaho]]. In 2006, Bi-Mart exited the [[Montana]] market due to poor sales.
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