Discount store older store concepts. As examples, Woolworth opened a Woolco chain (also in 1962); Montgomery Ward opened Jefferson Ward; Chicago-based Jewel launched Turn Style; and Central Indiana-based L. S. Ayres created Ayr-Way. J. C. Penney opened discount stores called Treasure Island or The Treasury, and Atlanta-based Rich's owned discount stores called Richway. During the late 1970s and the 1980s, these chains typically were either shut down or sold to a larger competitor. Kmart and Target themselves are examples of adjuncts, although their growth prompted their respective parent companies to abandon their older concepts (the S. S. Kresge five and dime store
Red and White Brand continued beyond the 60’s and 70’s and in 2014 store brands represent 17% of all retail grocery sales in the United States. There are thousands of Red & White products serving as the primary store brand in independent grocery stores across the United States, but the store brand market as a whole has greatly matured. Smith Michael (S.M.) Flickinger started Red & White Corporation, the nation’s first wholesale and retail business with fully integrated distribution. In 1903, Smith Michael (S.M.) Flickinger left his job as a wholesale grocery clerk in Buffalo, NY to open Flickinger Grocery Store with his brother