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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 ...
Learn about the history of Kresge, a Detroit-born dime store chain that became Kmart and Sears Holding Corporation. Find out how Kresge contributed to Detroit architecture, retail innovation, and philanthropy.
The S.S. Kresge Co. grew to be the second-largest variety chain in the U.S. The stores changed as retail trends matured over the years. The company battled anti-chain store sentiment in the 1920s and 30s. While floorplans expanded and merchandise offerings swelled, Kresge focused on keeping the average cost of items low and affordable.
Learn about the life and legacy of Sebastian Spering Kresge, the founder of the S.S. Kresge retail chain and the Kresge Foundation. Explore his biography, achievements, philanthropy, and related items in the Encyclopedia Of Detroit.
Oct. 18, 1966, East Stroudsburg, Pa. (aged 99) S.S. Kresge (born July 31, 1867, Bald Mount, Pa., U.S.—died Oct. 18, 1966, East Stroudsburg, Pa.) 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 ...
Learn about the life and achievements of S. S. Kresge, the founder of the five-and-dime store chain and Kmart. Discover how he became a successful businessman and a generous philanthropist through hard work, thrift, and Christian values.
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