Kresge's 5 and 10 cent stores
GPTKB entity
Properties (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
retail chain
|
| gptkbp:acquisition |
gptkb:Kmart_Corporation
with_Kmart_in_2002 |
| gptkbp:advertising |
expansion through franchising
value pricing |
| gptkbp:availableFormats |
self-service
|
| gptkbp:businessModel |
high volume, low margin
|
| gptkbp:competitors |
gptkb:Woolworth's
|
| gptkbp:concept |
low-cost goods
|
| gptkbp:cultural_impact |
part_of_American_retail_history
|
| gptkbp:customerBase |
middle-class shoppers
|
| gptkbp:customerService |
value-oriented shopping
|
| gptkbp:discontinued |
2002
|
| gptkbp:employeeCount |
over 50,000
|
| gptkbp:enrollment |
budget-conscious consumers
|
| gptkbp:expansion |
throughout_the_United_States
|
| gptkbp:founded |
1897
|
| gptkbp:founder |
gptkb:Sebastian_S._Kresge
|
| gptkbp:hasLocation |
over 2000 at peak
|
| gptkbp:headquarters |
gptkb:Detroit,_Michigan
|
| gptkbp:historical_significance |
one of the first dime stores
|
| https://www.w3.org/2000/01/rdf-schema#label |
Kresge's 5 and 10 cent stores
|
| gptkbp:impact |
set standards for discount retailing
|
| gptkbp:industry |
retail
|
| gptkbp:interiorFeatures |
simple and functional
aisle-based |
| gptkbp:legacy |
influenced modern discount stores
|
| gptkbp:market |
gptkb:United_States
|
| gptkbp:marketingStrategy |
promotional sales
|
| gptkbp:notableFor |
pioneering discount retailing
|
| gptkbp:office |
urban and suburban areas
|
| gptkbp:openedIn |
changing retail landscape
|
| gptkbp:operationalStatus |
discount retailing
|
| gptkbp:operations |
2002 after merger with Kmart
|
| gptkbp:parent_company |
gptkb:Kresge_Corporation
|
| gptkbp:priceRange |
hardware
clothing toys kitchenware gifts stationery candy household items seasonal items 5 and 10 cents |
| gptkbp:revenue |
low overhead costs
|
| gptkbp:sells |
variety of goods
|
| gptkbp:successor |
gptkb:Kmart
|
| gptkbp:type |
variety store
|