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
Department store Corporation headquartered in Minneapolis. George Dayton had founded his Dayton's Dry Goods store in Minneapolis in 1902 and the AMC cooperative in 1912. His descendants built Southdale Center in 1956, opened the Target discount store chain in 1962 and the B. Dalton Bookseller chain in 1966. Dayton's grew to 19 stores under the Dayton's name plus five other regional names acquired by Dayton-Hudson. The Dayton-Hudson Corporation closed the flagship J. L. Hudson Department Store in downtown Detroit in 1983, but expanded its other retail operations. It acquired Mervyn's in 1978, Marshall Field's in 1990, and renamed itself the Target Corporation