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Discount Development Services LLC company history timeline

1937

The starting point for the fifth type of mass merchandising, discount stores, is often traced to the opening of a radio and appliance store by the Masters brothers in Manhattan in 1937.

1948

Many consider E. J. Korvette, opened in 1948 by Eugene Ferkauf, as the first discount store.

1974

Woolco and Kmart focused on national expansion and by 1974 Kmart had become the first truly national chain, with stores in each of the forty-eight contiguous states.

2005

The ranking is the rank of the retailer in the Top 100 Retailers listed in Stores in July 2005.

2006

Kotler, Philip, and Armstrong, Gary (2006). Principles of marketing (11th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

2021

Baird, Thomas; Meyer, Earl; Green, Winifred "Discount Stores ." Encyclopedia of Business and Finance, 2nd ed.. . Retrieved April 15, 2021 from Encyclopedia.com: https://www.encyclopedia.com/finance/finance-and-accounting-magazines/discount-stores

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