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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.
Kmart store openings accelerated nationwide throughout the next three decades, eventually replacing Kresge stores, the last of which were sold to the McCrory Corporation by 1987. By 1996, Kmart was a global company operating more than 2,100 stores with $31 billion in sales.
- Detroit Free Press
Kresge's 100 years of influence celebrated in Detroit Historical Museum exhibit
The main exhibit highlights two separate (yet intertwined) timelines: Kresge’s five-and-dime store and lunch counter, so successful that it eventually grew into retail behemoth K-Mart; and programs ...
3 days ago
- GoLocalProv
GoLocalProv | News | People on the Move: Smiley Names 3 — Including New Economic Development Director
GoLocal's People on the Move is an update on new hires and promotions across southern New England. Mayor Brett Smiley announced Edwin “Ted” Carr as the Director of Economic Development and Erik Scalavino as the Director of Communications.
10 hours ago
As one of America’s top three variety store chains, Kresge had 742 stores by its 40th anniversary in 1938, primarily in the Midwest and eastern U.S. The firm began a retail innovation in 1952 by converting their stores to a checkout operation, rather than one cashier behind each showcase.
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.
Dec 29, 2022 · Kresge, one of the top three variety store chains in the US, had 742 stores by its 40th anniversary in 1938, mainly in the Midwest and eastern US. By 1952, Kresge introduced a new retail innovation by converting its stores to a checkout system instead of one cashier per showcase. Most locations also had snack bars or luncheonettes.
Mar 19, 2024 · 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.
Sep 27, 2015 · Pocono Record. Key dates in the life and business of S.S. Kresge. 1867 – On July 31, Sebastian Spering Kresge is born near Scranton in Bald Mount, Pa. A few years later the family later moves to...
