S. S. 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 farm in Kresgeville (named for his ancestors) until he was 21 years
Barker's Discount Department Stores Barker's Discount Department Stores Barkers Discount Department Stores was a chain of discount department stores founded in May, 1957 by Irving Barker. As one of the first hard goods discounters, and with creative promotions, the initial store, in Orange, Connecticut, grew quickly with a wide variety of products for the home arranged in a supermarket style. This success spawned a second 40,000 sq. ft. location in Wallingford, Connecticut in 1960. The company was sold to Franklin Stores Corporation in 1961, and then grew quickly throughout the Northeast and South Central United States, the Caribbean, and the United States Virgin Islands.