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#6
09-30-2015, 01:13 PM
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"Sebastian S. Kresge, the founder of the company that would become Kmart, met variety store pioneer Frank Woolworth while working as a traveling salesman and selling to all nineteen of Woolworth's stores at the time.[8] In 1897 Kresge invested $8,000 (equivalent to $227 thousand in 2015) saved from his job in joint ownership with his friend John McCrory of a five and dime store in Memphis, to which they added another in downtown Detroit the following year; these were the first S.S. Kresge stores.[9][10][11] After two years of partnership, he paid McCrory $3,000 (equivalent to $85 thousand in 2015) and gave up his share in the Memphis store for full ownership of the Detroit store, and formed the Kresge & Wilson Company with his brother-in-law, Charles J. Wilson.[10][11]. In 1912, Kresge incorporated the S.S. Kresge Corporation with eighty-five stores."
Bryan, I have nothing to add, like normal  However, you just sent me down memory lane, growing up with McCory's, Kresge's and Woolworth's 
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