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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 chain of S. H. Kress & Co. 5-10-25 Cent Stores was established in 1896 in Memphis, Tennessee. [1] In the 1920s and 1930s, Kress sold a house label of phonograph records under the Romeo trademark. He died in 1955. The events that led to the Harlem riot of 1935 began at the Kress department store at 256 W 125th Street across from the Apollo ...
This store had no management connection to the S.S. Kresge 5 & 10 chain based in Detroit, Michigan. [2] In 1926, Kresge replaced the original Plaut store, nicknamed "The Bee Hive," which had been built in 1891, with a larger flagship store that occupied the entire city block, between Broad and Halsey streets, and Cedar Street and Raymond Boulevard.
The retailer's gross sales approached $30 million by the mid-1920s, when it operated 187 stores. [3] In 1929, a furnace explosion at a McCrory store in Washington, D.C. killed six people and injured 50 more. [4] In 1933, during the Great Depression, McCrory Stores, now with 244 stores, entered bankruptcy protection. [5]
Jennifer Kulczycki, the Kresge Foundation's director of external affairs and communications, talks about some of the foundation's history for the Kresge at 100 exhibition at the Detroit Historical ...
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Sony’s “Kraven the Hunter,” a superhero spinoff starring Aaron Taylor-Johnson as Spider-Man’s notorious foe, launched behind already low expectations, at No. 3 with $11 million from 3,211 ...