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
Israel Discount Bank Israel Discount Bank Israel Discount Bank Ltd. () is one of Israel's three largest banks, with 260 branches, around 5,700 staff, and assets of ₪185 billion (US$48 billion). Israel Discount Bank, formerly known as "Eretz Yisrael Discount Bank" or "Palestine Discount Bank", was founded on 5 April 1935 by Leon Recanati, a new immigrant from Greece who had been the head of the Jewish community of Salonica. His partners were Moshe Carasso and Yosef Albo. The bank operated in a store at 39 Yehuda Halevi St. in Tel Aviv. It was founded with a focus on foreign trade and with