S. S. Kresge though he later stopped contributions. Numerous places have been named after Kresge: S. S. Kresge Sebastian Spering Kresge (July 31, 1867 – October 18, 1966) was an American businessman. He created and owned two chains of department stores, the S. S. Kresge Company, one of the 20th century's largest discount retail organizations, and the Kresge-Newark traditional department store chain. The discounter was renamed the Kmart Corporation in 1977 and evolved into today's Sears Holdings Corporation, parent of Kmart and Sears. Kresge was born near Allentown, Pennsylvania, the son of Sebastian Kresge and the former Catherine Kunkle. Living on the family
Israel Discount Bank Israel Discount Bank Israel Discount Bank Ltd. () is one of Israel's three largest banks, with 260 branches, around 5,700 staff, and assets of ₪185 billion (US$48 billion). Israel Discount Bank, formerly known as "Eretz Yisrael Discount Bank" or "Palestine Discount Bank", was founded on 5 April 1935 by Leon Recanati, a new immigrant from Greece who had been the head of the Jewish community of Salonica. His partners were Moshe Carasso and Yosef Albo. The bank operated in a store at 39 Yehuda Halevi St. in Tel Aviv. It was founded with a focus on foreign trade and with