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.
Blem (brand) US market by the 1970s, but were retained by the Buenos Aires subsidiary. Blem is now the local name for Pledge furniture polisher and related products in Argentina. Blem (brand) Blem was a S. C. Johnson & Son brand of wax furniture refinishing compound introduced in 1955. The original Blem product came in a red toothpaste-type tube with BLEM in white lettering. The product was launched in a give-away special offer with a free tube of Blem packed with a can of Pride polish. The red tube was later switched to yellow toothpaste-tube type packaging with BLEM in dark brown