_1899: S.S. Kresge Co. founded by Sebastian S. Kresge. _1912: S.S. Kresge Co. incorporated in Delaware with 85 stores and sales of $10,325,000. _1916: S.S. Kresge Co ...
The nation's No. 3 discount retailer has struggled in the fiercely competitive discount market and debt rating agencies, including Standard & Poor's, have in recent weeks lowered their credit ratings.
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