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Expanding Equity and. Opportunity in America’s Cities. 3215 W. Big Beaver Road Troy, MI 48084 +1 248-643-9630. Contact Us. Founded by retailer Sebastian S. Kresge in 1924, The Kresge Foundation continues to fulfill his mandate: To promote human progress.
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.
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. Kresge’s schooling included a four-month commercial course at Eastman’s Business College in Poughkeepsie, N.Y., paid for by money he earned bee keeping.
Sep 27, 2015 · BUSINESS. S.S. Kresge legacy timeline. Staff Writer. Pocono Record. Key dates in the life and business of S.S. Kresge. 1867 – On July 31, Sebastian Spering Kresge is born near...
S. S. Kresge Biography. (Sebastian Spering Kresge) merchant, philanthropist. Born: 7/31/1867. Birthplace: Bald Mount, Pa. With a newly minted business degree in hand, Kresge worked as a traveling tinware salesman (1890–97) before opening the first of his discount retail stores whose merchandise was all priced at less than a dime.
Sebastian S. Kresge. S. S. Kresge Company. 1907–1925. Industry: Retail. Era: 1900. Kresge built the precursor to K-Mart, one of the first mass discounters. He started with ten-cent stores and developed full-fledged variety stores.
S. S. Kresge. Born: July 31, 1867. Bald Mount, Pennsylvania. Died: October 18, 1966. East Stroudsburg, Pennsylvania. Entrepreneur and philanthropist. S. S. Kresge worked hard, spent his money only when necessary, and saved it wisely.
