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Sebastian Spering Kresge
- 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 1977.
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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 ...
Kresge, founded in 1899, was a Detroit-born dime store where shoppers could find daily needs such as housewares, linens, clothing, school supplies, and toys. Sebastian Spering Kresge began his dime store career as a partner of J.G. McCrory, owner of a dime store chain. The two opened stores in Detroit and Memphis.
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.
After 1904, stores opened quickly. Kresge purchased retail competitor Holmes, Tolle & Evans and a store owned by Woolworth’s brother, H. G. Woolworth. By 1912, Kresge had incorporated his company in Delaware, operating 85 stores with $10.3 million in sales.
S.S. Kresge was an American merchant who established a chain of nearly 1,000 variety and discount stores throughout the United States. Kresge worked as a traveling salesman before going into business with one of his customers, John G. McCrory, the owner of several department and five-and-ten-cent
Jun 28, 2020 · It was a five and dime store like Woolworth’s and had everything a person needed. I initially encountered Kresge’s when I was living in the Roseland neighborhood in Chicago in the early 1970s. It was located next door to Gately’s Peoples Department Store at 11201 South Michigan Ave, The colors of the building were red and white.
Dec 29, 2022 · S.S. Kresge in Hartford CT. In 1962, Harry B. Cunningham, president of Kresge, opened the first Kmart discount store in Garden City, Michigan. Kmart stores eventually replaced Kresge stores with the last ones sold to the McCrory Corporation by 1987. In 2004, the Kmart Holding Corporation acquired Sears and changed its name to Sears Holding ...
