Online Dictionary

kresge Explained

kresge at CMU American English spelling Of Explained:


Kresge at English => English (The Britannica Concise) Of Explained:

U.S. merchant. Born in Bald Mount, Pa., he worked as a traveling salesman before becoming a partner in five-and-ten-cent stores in Memphis and Detroit in 1897. He opened several others in major Midwest cities, founding the S. S. Kresge Co. in 1907 (incorporated 1912). After World War II the firm expanded into large discount stores in the U.S., Puerto Rico, and Canada, which eventually numbered nearly 1,000. Kresge established a major charitable foundation in 1924. See also KMart Corp.