S. S. Kresge stores; one was in downtown Detroit, Michigan, for which he traded ownership in McCrory's. In 1912, he incorporated the S.S. Kresge Company with 85 stores. The company was first listed on the New York Stock Exchange on May 23, 1918. During World War I, Kresge experimented with raising the limit on prices in his stores to $1. In 1923, he started a new company, buying out a large traditional department store in Newark, New Jersey. He renamed the store Kresge-Newark, expanded it, and started branch stores. The new department store company was completely independent from the S.S. Kresge discount department
Farberware Farberware Farberware is a brand which produces kitchen related appliances and cookwares. The brand was founded in New York City in 1900 and acquired by Meyer Corporation in 1997. Russian emigrant, Simon Farber, began S. W. Farber Inc in 1897, which manufactured gift trays and racks. The company was officially founded in 1900 and started as a match peddler located on the Lower East Side of Manhattan. It later expanded to Brooklyn, opening a plant there and invented a clamp-on light. During the 1940s, Simon's son Isadore became the company's president and his other son, Milton, became vice president. In