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
Netto Marken-Discount offer products badged under brand names they have created. The chain is unrelated to the Danish Netto chain, which has operations in several German states, or the French-owned Netto discount store. However Edeka owns 25% of a joint venture with the Danish Netto. Netto Marken-Discount Netto Marken-Discount is a German discount supermarket chain. It is owned by the German supermarket cooperative Edeka Group, and operates mostly in the south and west of Germany. The first store was opened in 1984 and the chain is expanding aggressively, with its 1000th store opening in 2004 and its 4000th in 2009. In 2009