S. S. Kresge store company. By 1924, Kresge was worth approximately $375,000,000 ($ in 2009 dollars) and owned real estate of the approximate value of $100,000,000. He was married and divorced at least twice by 1928. Kresge and his family were members of Detroit's North Methodist Episcopal Church. He held membership in organizations including four Masonic lodges and the Ancient Arabic Order of the Nobles of the Mystic Shrine, the Young Men's Christian Association, the Detroit Athletic, Boat, and Golf Clubs, Rotary, and various commercial and automobiling societies. Kresge died on October 18, 1966, at the age of 99. The first Kmart opened
Store brand Store brand Store brands, also called own brands, are private label brands managed solely by a retailer for sale in only a specific chain of stores. The retailer will design the manufacturing, packaging and marketing of the goods in order to build on the relationship between the products and the store's customer base. Store-brand goods are generally cheaper than national-brand goods, because the retailer can optimize the production to suit consumer demand and reduce advertising costs. Goods sold under a store brand are subject to the same regulatory oversight as goods sold under a national brand. Consumer demand for store