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With a simple but profound directive, “To promote the well-being of mankind,” The Kresge Foundation was established in 1924 by Detroit retail magnate Sebastian Spering Kresge (1867-1966) as he built one of America’s largest retail enterprises, the S.S. Kresge Company, and used his wealth to contribute to the general benefit and welfare of ...
Mar 20, 2024 · 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, Sebastian S. Retail chain founder Sebastian Spering Kresge was born in Bald Mount, Pennsylvania on July 31, 1867. His parents, Sebastian Sr. and Catherine Kunkle Kresge were Pennsylvania Dutch farmers.
S. S. Kresge Born: July 31, 1867 Bald Mount, Pennsylvania Died: October 18, 1966 East Stroudsburg, Pennsylvania Entrepreneur and philanthropist This penny-pinching attitude, which began early in life, led him to become an extremely successful businessman and a generous multimillionaire.
Mar 19, 2024 · 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.
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...
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.
