Sebastian S. Kresge

Sebastian S. Kresge was an American businessman who founded the S.S. Kresge Company in 1899, which became known for its chain of discount retail stores. He was a pioneer in the retail industry, focusing on offering quality products at low prices through volume sales. Kresge's success laid the foundation for the development of Kmart, one of the largest discount retailers in the United States. His innovative approach to retailing helped shape the modern discount store concept, emphasizing affordability and accessibility for everyday consumers.