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
Kresge College Kresge College Kresge College is one of the residential colleges that make up the University of California, Santa Cruz. Founded in 1971, Kresge is located on the western edge of the UCSC campus. Kresge is the sixth of ten colleges at UCSC, and originally one of the most experimental. The first provost of Kresge, Bob Edgar, had been strongly influenced by his experience in T-groups run by NTL Institute. He asked a T-group facilitator, psychologist Michael Kahn, to help him start the college. When they arrived at UCSC, they taught a course, Creating Kresge College, in which they and the