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Jun 22, 2021 · A list of stores opened by the S.S. Kresge Company between February 1959 and December 1973, including S.S. Kresge variety stores, Jupiter Discount Stores, and K mart discount department stores, with store numbers, opening dates, and opening day sales records.
Sebastian Spering Kresge (July 31, 1867 – October 18, 1966) was an American businessman. He created and owned two chains of department stores, the S. S. Kresge Company, one of the 20th century's largest discount retail organizations, and the Kresge-Newark traditional department store chain. The discounter was renamed the Kmart Corporation in ...
The two opened stores in Detroit and Memphis. Kresge sold his interest in the Memphis store to open his own store, the S.S. Kresge store on Woodward Avenue between Grand River Avenue and State Street. Store #1 at that time was 2,000 square feet, employed 18 associates and carried 1,500 items, none costing more than ten cents.
Jul 9, 2021 · A list of stores opened, closed, and otherwise reorganized by the S.S. Kresge Company between February 1956 and March 1972, including S.S. Kresge variety stores, Jupiter Discount Stores, and K mart discount department stores.
Sep 27, 2015 · 1899-S.S. becomes the owner of a Detroit store marking the official start of the company. 1912 – The S.S. Kresge Company goes public. There were now 85 stores with $10.3 million in sales.
By 1907 Kresge bought out Wilson and established the S.S. Kresge Company. When the firm was incorporated only five years later, it was capitalized at $7,000,000 and included 85 stores in the North and Midwest. Kresge’s original stores sold a wide selection of goods for 10 cents or less.
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Jan 22, 2002 · Abrief chronology of the Kmart Corporation: 1899. Sebastian S. Kresge founds the S.S. Kresge Company, opening the first store in Detroit. 1925. S.S. Kresge goes public and is listed on the New ...
