Portrait of S. S. Kresge

Birthday profile

S. S. Kresge

S. S. Kresge, American businessman, founded Kmart (died 1966)

Born
July 31, 1867
Died
October 18, 1966
Zodiac sign
Leo
Birth year
1867

About S. S. Kresge

Sebastian Spering Kresge (July 31, 1867 – October 18, 1966) was an American merchant and 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. == Early life and education == 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, his great-great-grandfather being Conrad Kresge, a farmer and pioneer of Pennsylvania Dutch descent) until he was 21 years old, he was educated in the local public schools, the Fairview Academy, in Brodheadsville, Pennsylvania, and at the Eastman Business College in Poughkeepsie, New York, from which he graduated in March 1889. == Career == Following his graduation, he clerked in a hardware store for two years, then worked as a traveling salesman from 1892 to 1897. On March 20, 1897, Kresge began working for James G. McCrory, the founder of J.G. McCrory's, at a five and ten cent store in Memphis, Tennessee. He continued there for two years. In 1897 he founded his own company, with Charles J. Wilson, with an $8,000 investment in two five-and-ten-cent stores; one was in downtown Detroit, Michigan, for which he traded ownership in McCrory's. In 1912, he incorporated the S.S. Kresge Company with 85 stores.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Career and life highlights

S. S. Kresge timeline

  1. By 1924, Kresge was worth approximately $375,000,000 ($3.83 billion in 2009 dollars) and owned real estate of the approximate value of $100,000,000.
  2. By 2022, the Foundation's endowment had grown to over $4 billion.

The world when S. S. Kresge was born

S. S. Kresge was born in 1867. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Headlines and milestones

  • Top headlineUS purchases Alaska from Russia for $7.2 million
  • Technology milestoneDynamite patented by Alfred Nobel
  • Notable inventionDynamite
  • World population~1.47B

United States snapshot

  • U.S. leaderAndrew Johnson
  • U.S. population34.5M

1867 versus 2026

These figures put everyday life in S. S. Kresge's birth year beside the site's latest United States snapshot.

Measure18672026
Population34.5M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress, Wikidata. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.