Discount store or department store in the United States. There were hundreds of discount stores in operation, with their most successful period occurring during the mid-1960s in the U.S. with discount store chains such as Kmart, Ames, Two Guys, E. J. Korvette, Mammoth Mart, Fisher's Big Wheel, Zayre, Bradlees, Caldor, Jamesway, Howard Brothers Discount Stores, Kuhn's-Big K (sold to Walmart in 1981), TG&Y and Woolco (closed in 1983, part sold to Wal-Mart) among others. Walmart, Kmart, and Target all opened their first locations in 1962. Other retail companies branched out into the discount store business around that time as adjuncts to their
Discount Investment Corporation standing for Israel Discount Bank) founded in 1969. In 2002 the company sold its holdings to a group of investors headed by Nochi Dankner. In September 2012, Discount Investment Corporation and its parent company IDB Holdings had a "going concern" warning attached to their second-quarter financial reports by the group's auditors, who doubt the company can meet all its debt-repayment obligations in the foreseeable future. Bondholders of the company's debt started the process of taking control over the company. Discount Investment Corporation Discount Investment Corporation Ltd. (“DIC”) () is a holding company based in Israel. The company is listed on