Kmart Corporation. Sears Holdings, the parent company of Kmart, declared Chapter 11 bankruptcy on October 15, 2018. S. S. Kresge, the founder of the company that would become Kmart, met variety-store pioneer Frank Winfield Woolworth while working as a traveling salesman and selling to all 19 of Woolworth's stores at the time. In 1897 Kresge invested $6,700 saved from his job into a five-and-dime store in Memphis, Tennessee. He jointly owned the first store with his former tinware customer, John McCrory. Kresge and McCrory added a second store in downtown Detroit the following year. These were the first S.S. Kresge stores.
MD Discount MD Discount MD Discount is an Italian global discount supermarket chain, based in Gricignano di Aversa, Italy- It belongs to the holding company Selex Gruppe. The company was founded in the 1994s by Patrizio Podini. The first store in MD brand was opened in September 1994 in Mugnano di Napoli. In little more than a year have been opened more than fifty stores in the Centre-South, some of whom detecting signs premises. In 2015 MD distributes its products through a network of 800 outlets and direct affiliates. Recently MD bought LD Market for the price of 170 million, making it