S.S. Kresge Company
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S.S. Kresge Company
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets fr ...
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Goldsboro, North Carolina
Goldsboro, originally Goldsborough, is a city and the county seat of Wayne County, North Carolina, United States. The population was 33,657 at the 2020 census. It is the principal city of and is included in the Goldsboro, North Carolina Metropolitan Statistical Area. The nearby town of Waynesboro was founded in 1787, and Goldsboro was incorporated in 1847. It is the county seat of Wayne County. The city is situated in North Carolina's Coastal Plain and is bordered on the south by the Neuse River and the west by the Little River, approximately southwest of Greenville, southeast of Raleigh, the state capital, and north of Wilmington in Southeastern North Carolina. Seymour Johnson Air Force Base is located in Goldsboro. History Around 1787, when Wayne County was formed, a town named Waynesborough grew around the county's courthouse. In 1787, William Whitfield III (son of William Whitfield II) and his son were appointed "Directors and Trustees" for designing and building the ...
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McCrory Stores
McCrory Stores or J.G. McCrory's was a chain of five and dime stores in the United States based in York, Pennsylvania. The stores typically sold shoes, clothing, housewares, fabrics, penny candy, toys, cosmetics, and often included a lunch counter or snack bar. They also exclusively sold Oriole Records, one of the most popular ' dime store labels' from 1921 to 1938. Founding John Graham McCrorey (1860-1923) opened his first store in Scottdale, Pennsylvania, in 1882. By 1885, the chain had five stores in Pennsylvania. McCrory was known for his thrifty nature, so much so that he legally dropped the ''e'' from his last name so he would not have to pay for extra letters on his store signs. One of the firm's policies was to acquire locations whenever property could be found at a reasonable purchase price. In November 1925, approximately ⅔ of its stores were leased, with the remainder owned by a subsidiary, the McCrory Realty Corporation. The retailer's gross sales approached $ ...
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Ann & Hope
Ann & Hope was a Rhode Island–based retailer that pioneered practices now common in modern big box stores. The company was named after the ship ''Ann and Hope'' which was lost at sea off Block Island, Rhode Island in 1806. They operated from 1953 to 2001 in the Northeastern United States, and they formerly operated a small chain of home fashion outlets, garden outlets, and dollar outlets in Rhode Island, Massachusetts, and Connecticut. History Early years Ann & Hope was founded by Martin Chase, who was born in 1906 in Kiev, Russian Empire (modern-day Ukraine), and moved with his family to Providence, Rhode Island, at age six. He was the only one of six sons not to work in his father's automobile repair business. Instead, when he was 20, he got a job working at a store called Fintex. After Fintex closed its doors in 1929, Chase worked at Howard's Clothes until 1933. Then he started Chase Clothing, where he undersold other area clothing stores by reducing overhead: for example he ...
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Sam Walton
Samuel Moore Walton (March 29, 1918 – April 5, 1992) was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest man in America. Walton family, His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around US$240.6 billion as of January 2022. Early life Samuel Moore Walton was born to Thomas Gibson Walton and Nancy Lee, in Kingfisher, Oklahoma. He lived there with his parents on their farm until 1923. However, farming did not provide enough money to raise a family, and Thomas Walton went into farm mortgaging. He worked for his brother's Walton Mortgage Company, which was an agent for Metropolitan Life Insurance, where he foreclosure, foreclosed on farms during the Great Dep ...
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Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, and as Flipkart Wholesale in India. It has wholly owned operations in Chile, Canada, and South Africa. Since August 2018, Walmart held only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and p ...
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San Fernando, California
San Fernando (Spanish language, Spanish for "Ferdinand III of Castile, St. Ferdinand") is a General-law municipality, general-law city in the San Fernando Valley region of Los Angeles County, California, in the Los Angeles metropolitan area. It is bordered on all sides by the Los Angeles, City of Los Angeles. As of the 2010 United States Census, 2010 census the population of San Fernando was 23,645. History Prior to the arrival of Spanish missionaries and soldiers, the area of San Fernando was in the northwestern extent of Tovaangar, or the homelands of the Tongva. The nearby village of Pasheeknga was a major site for the Tongva, being the most populous village in the San Fernando Valley at the time. The homelands of the Tataviam could be found to the north and the Chumash people, Chumash to the west. Spanish colonial period The Mission San Fernando Rey de España (named after Ferdinand III of Castile, St. Ferdinand) was founded in 1797 at the site of Achooykomenga, an agric ...
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Harry Cunningham (businessman)
Harry B. Cunningham (1907 in Pennsylvania – November 11, 1992 in North Palm Beach, Florida) was an American businessman and retailer who founded Kmart in 1962, along with S. S. Kresge. Cunningham had a vision to convert the retail chain into a discounter. At the time, Cunningham was sharply criticized by some, including Kresge shareholders, as possibly destroying the company. The success of Kmart proved his vision. He was president of the company from 1959 to 1972, having joined the retailer as an assistant store manager in 1930. Cunningham was credited by Sam Walton as being the first to design a discount store. Walton added that Cunningham should be remembered as one of the leading retailers of all time.''Sam Walton: Made in America'', John Huey & Sam Walton (1993), Cunningham and Walton both visited, and were impressed by, the early and innovative discounter Ann & Hope Ann & Hope was a Rhode Island–based retailer that pioneered practices now common in modern big box ...
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Kmart Original Logo
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets f ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018. The average daily trading value was approximately 169 billion in 2013. The NYSE trading floor is at the New York Stock Exchange Building on 11 Wall Street and 18 Broad Street and is a National Historic Landmark. An additional trading room, at 30 Broad Street, was closed in February 2007. The NYSE is owned by Intercontinental Exchange, an American holding company that it also lists (). Previously, it was part of NYSE Euronext (NYX), which was formed by the NYSE's 2007 merger with Euronext. History The earliest recorded organization of securities trading in New York among brokers directly dealing with each other can be traced to the Buttonwood Agreement. Previously, securiti ...
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