Kmart Corporation. Sears Holdings, the parent company of Kmart, declared Chapter 11 bankruptcy on October 15, 2018. S. S. Kresge, the founder of the company that would become Kmart, met variety-store pioneer Frank Winfield Woolworth while working as a traveling salesman and selling to all 19 of Woolworth's stores at the time. In 1897 Kresge invested $6,700 saved from his job into a five-and-dime store in Memphis, Tennessee. He jointly owned the first store with his former tinware customer, John McCrory. Kresge and McCrory added a second store in downtown Detroit the following year. These were the first S.S. Kresge stores.
Kresge College S. S. Kresge department store at the entrance to the college, but this idea met too much resistance. Kresge College is currently home to several co-ops (Music Co-Op, Natural Foods Co-op, Photo Co-op, Garden Co-op) as well as the social justice organization, Common Grounds. Residential housing themes include the Writer's House and the Eco-Village. One of the alumni of Kresge, Marti Noxon, went on to produce "Buffy the Vampire Slayer", and managed to sneak in-joke references to Kresge as well as Santa Cruz into many of the scripts, most recently in the "Angel" spin-off where a supporting character (Eve) is