Kmart of the first Kmart, some poorly performing S.S. Kresge stores were converted to a new "Jupiter Discount Stores" brand, which was conceived as a bare-bones, deep discount outfit. During the 1970s, Kmart put a number of competing retailers out of business. Kresge, Jupiter and Kmart stores mainly competed with other store chains like Zayre, Ames, Bradlees, Caldor, Hills, and those that were operated by MMG-McCrory Stores (McCrory, McLellan, H.L. Green, J.J. Newberry, S.H. Kress, TG&Y, Silver's and eventually G.C. Murphy Co.). In 1977, S.S. Kresge Company changed its name to K Mart Corporation. In 1980, Vice Chairman Bernard M. Fauber
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