Purdy-Kresge Library with a five and ten cent store that opened in 1899 in Downtown Detroit and now there are thousands of K-mart stores in the U.S. and in other countries. Also being a successful business man Kresge was a philanthropist. When The Kresge Foundation was founded in 1924, he thought his gains would be able to better mankind. The Kresge Foundation has donated millions of dollars to many colleges and organizations but the foundation is also known as a “bricks and mortar” foundation because it helped institutions and non-profit organizations. In 1949, the trustees of The Kresge Foundation offered Wayne State
Farmer Jack were converted into A&P's Food Basics format in an attempt to compete with discount chains such as Save-A-Lot. Less than a year later, nine were closed while the other—a new-build store in Dearborn Heights—was converted into a Farmer Jack. Simultaneously, the closure of 15 Farmer Jacks was announced; four more closures were announced later in the year. In early 2005, A&P placed Farmer Jack for sale, seeking an estimated $250M for 71 core stores; the remaining locations were offered individually. Later that year, workers approved wage cuts conditional on a sale to Spartan Stores—which was led by several former Farmer