EZ Price Mart is currently the largest retail outlet in Majuro, but has the roots of a small business. The company was started by a young entrepreneur, Neal G. Skinner, as a flea market style bargain store in 1992. Over the years EZ Price has grown exponentially in physical size, market share, product variety and impact on local community. EZ Price, as we are known to our customers, now consists of a main general merchandise store, a large warehouse to receive, store and distribute our merchandise, a video store carrying all the latest movies for purchase and a smaller satellite store selling highly discounted clearance merchandise which reflects the original EZ Price Mart store.
Our products consist of a wide variety of general merchandise items including, but not limited to; non perishable food items, housewares, hardware, cleaning supplies, health and beauty products, automotive batteries and supplies, toys, school supplies, locally produced goods, electronics and computers, clothing, shoes, watches and other accessories, baby products, musical instruments and equipment, office supplies and sports equipment, along with our aforementioned video store. We surpass all local competitors in product variety and availability.
EZ Price is known as having the lowest prices on all of the Marshall Islands which reflects our goal of being the low-price leaders. This allows us to move product much faster than the competition and in turn we buy greater quantities, resulting in greater discounts for us which we pass along to our customer. Our prices give us a customer loyalty and repeat business that no other local business can compete with. In tough economic times price-point is very important that is why even though we are in a declining economy EZ Price sales increased in 2011 with a total gross sales of over 4 million US dollars.
In May 2008, we introduced a customer loyalty program called the EZ Reward Card. In that time the program has enrolled over 5,000 members which is very impressive when compared to the local adult population. Our reward members are eligible to receive special pricing on select goods, as well as priority access to our store-wide sales. Along with receiving points for everyday purchases that can be redeemed for a variety of products for a Reward List.
The bulk of our merchandise is imported from the US, shipping one or more 40ft high cube containers on a bi-weekly basis. Our product line is also complimented with several containers being shipped out a Singapore and China along with purchasing locally produced goods where possible. With the constant increase of our business and customer base, recently we have begun exploring other potential sources for new products, which include the Philippines and several online businesses.
PO Box 745 Majuro, MH 96960 Republic of the Marshall Islands
Neal's Round Table
Community Awards and Recognitions
EZPriceMart is pro nature, aside giving marshallese people quality and good products, EZPriceMart help to promotes green enviroment, EZPrice use solar and wind energy, to reduce electric consumption that came from burning fuel. Every hour the sun beams onto Earth more than enough energy to satisfy global energy needs for an entire year. Solar energy is the technology used to harness the sun's energy and make it useable.
Today, the technology produces less than one tenth of one percent of global energy demand.Solar energy is lauded as an inexhaustible fuel source that is pollution and often noise free. The technology is also versatile. Read more.
EZ Price and a group of young Marshallese individuals are protecting, helping and saving the island from Climate Changes effects together. See Photos