Founded in 1955, Bi-Mart is one of the pioneers of membership discount shopping in the Northwest. The company operates a discount retail chain of over 70 drug and general merchandise stores in Oregon, Washington and Idaho. Members pay a one-time $5.00 fee for a lifetime family membership which entitles them to shop at any Bi-Mart store. With over 3,500 employees, Bi-Mart ranks 19th amongst discount and value retailers and is the 9th largest discount store pharmacy in the United States.
Endeavour established a relationship with Bi-Mart management in 1992 when the company was owned by Thrifty Corporation. Following the sale of Thrifty-Payless to Rite Aid Corporation, Bi-Mart management was offered the opportunity to purchase the company on an exclusive basis from Rite Aid. Endeavour helped negotiate, structure and finance management's successful acquisition of the company from Rite Aid in 1997.
In 2004 Endeavour transferred ownership of the company to Bi-Mart's employees through an ESOP, allowing Bi-Mart to continue to remain true to its "Northwest-owned and operated" slogan. Bi-mart remains employee-owned today.