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.
S. C. Johnson & Son The Greenlist logo represents an internal ratings system to help customers identify which products are environmentally safe. The Greenlist label is present in many S. C. Johnson & Son products. The Greenlist process has resulted in the elimination of 1.8 million pounds of volatile organic compounds from Windex, and four million pounds of polyvinylidene chloride from Saran Wrap. In 2011, S. C. Johnson & Son settled a lawsuit that alleged the company's Greenlist label misled consumers into believing the products were reviewed by a third party and given a seal of approval. The company agreed to an undisclosed sum and