Kresge Auditorium Kresge Auditorium Kresge Auditorium is an auditorium building for the Massachusetts Institute of Technology, located at 48 Massachusetts Avenue, Cambridge, Massachusetts. It was designed by the noted architect Eero Saarinen, with ground-breaking in 1953 and dedication in 1955. The building was named for its principal funder, Sebastian S. Kresge, founder of S. S. Kresge Stores (corporate predecessor of Kmart) and the Kresge Foundation. Saarinen designed Kresge Auditorium in tandem with his MIT Chapel; the two buildings are separated by a "green," referred to by students as the "Kresge Oval." The ensemble is recognized as one of the best examples of
Discount store goods at a single price-point or multiples thereof (£1, $2, etc.). Discount stores differ from variety stores in that they sell many name-brand products, and because of the wide price range of the items offered. After World War II, a number of retail establishments in the U.S. began to pursue a high-volume, low-profit-margin strategy designed to attract price-conscious consumers. This strategy has received renewed interest from retailers and customers alike stemming from the Great Recession that began in 2007 that forced buyers to revisit the approach to the products they wanted. Currently Aldi, the largest retailer in the world (Planet