McCrory Stores his last name so he would not have to pay for extra letters on his store signs. McCrory died in 1923 having built McCrory Stores Corporation into a success. However, in 1933 the company declared bankruptcy and was dissolved, but it was eventually re-established as McCrory Stores and resumed operations. One of the early investors was Sebastian Spering Kresge, who later founded the S.S. Kresge chain, which became Kmart. In 1899, Kresge traded his interest in the McCrory's Memphis, Tennessee store for McCrory's interest in the Detroit, Michigan, store, giving him control there. In 1987, the Kmart Corporation sold its
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