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Samuel H. Kress

S. H. Kress Company

1896 - 1924


pre-1900 b. 1863
Born-Died1863 - 1955
BirthplacePennsylvania (PA)
FatherOwner, Small Business
Era - pre-1900

Kress built a discount chain store based on an economies of scale model. He started offering fewer items than traditional 5- and 10- cent stores, in order to offer bargain prices to a lower-income clientele. Kressí stores were a great success and he managed to increase sales from $3 million in 1907 to over $40 million by the end of his tenure. In 1924, Kress had over 15,000 employees.