S. S. Kresge stores; one was in downtown Detroit, Michigan, for which he traded ownership in McCrory's. In 1912, he incorporated the S.S. Kresge Company with 85 stores. The company was first listed on the New York Stock Exchange on May 23, 1918. During World War I, Kresge experimented with raising the limit on prices in his stores to $1. In 1923, he started a new company, buying out a large traditional department store in Newark, New Jersey. He renamed the store Kresge-Newark, expanded it, and started branch stores. The new department store company was completely independent from the S.S. Kresge discount department
City Market (US grocery store chain) City Market (US grocery store chain) City Market is a supermarket brand of Kroger in the Rocky Mountains of the United States. City Market, Inc. has its headquarters in Grand Junction, Colorado. City Market was founded by the Prinster family in 1924, when four brothers—Paul, Frank, Leo and Clarence—moved to Grand Junction from La Junta, Colorado. Tony Prinster's father, Frank Prinster Jr., was also president of the City Market, serving from 1961 to 1978. Joseph C. Prinster was president from 1978 to 1987, and Leo T. Prinster served as president from 1987 to 1990. Tony Prinster was president from 1990