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
Discount store Zeemand both operate throughout Europe. In addition, the German chains Lidl and Aldi are both operating shops in The Netherlands. New Zealand's main discount shops includes The Warehouse. Discount shops cover about 20% of food sales in Poland. Main retailers: Competition in the global discount shop industry has intensified as the various players try to undercut their rivals to attract new customers and retain existing customers with low priced goods. "See also" - List of discount shops in the United Kingdom During the period from the 1950s to the late 1980s, discount stores were more popular than the average supermarket