S. S. Kresge Company records [microform], 1912-1978
8 microfilms (3 linear feet)
The S.S. Kresge Company corporate records are arranged topically, and primarily relate to the company's activities in the years 1945-1965. To trace the company's history from 1912-1945, the researcher should use the applicable annual and quarterly reports, the minutes from Meetings and Proceedings of Directors, Shareholders, and Incorporators, and materials from the historical files. The latter contain interesting periodicals and company pamphlets that pertain to the company's history both before and after 1945.
For the postwar years, the researcher should turn again to the annual and quarterly reports, meetings and proceedings minutes, and historical files, but should supplement them with use of minutes from the Executive and Operating Committees, and Sebastian Kresge's correspondence with the company president for the years 1953-1966. The minutes from the Executive Committee almost always contain brief summaries of committee decisions. Property purchases, modernization and construction programs, divided action, personnel (retirements and salaries), and tax matters comprise the majority of areas in which the committee made decisions. Minutes are not available for every meeting of the committee, but there are often notations at the top of existing minutes which indicate that for certain meetings no written record was kept.
The minutes from Operating Committee meetings reflect the postwar concerns with competition from discount stores and the need to increase Kresge sales and merchandise turnover. They are particularly detailed for the years 1945-1950, but thereafter are somewhat frustrating in that the writer often discusses what topics were covered at the meetings but fails to summarize the contents of the discussions. There are included with the minutes occasional reports made by the President and other officers to the committee on various topics. These are particularly interesting; see, for example, the 1946 and 1961 reports on sales problems and new programs. The quantity of minutes from 1959-1963 is considerably smaller than that from earlier years because President Cunningham relied on contacts with individual regional managers and department heads rather than group meetings.
The files of correspondence between Sebastian Kresge, founder of the company and chairman of the board from 1925-1966, and company presidents Frank Williams and Harry Cunningham are very useful for tracking the continued involvement of Kresge in the corporation's affairs, and for documenting major corporate concerns and operations. Among the latter are organizational changes, competition from discount and other variety-type stores, deteriorating downtown store neighborhoods, attempts to purchase competitors Kress and Zayre, trial programs to establish a Kresge credit program for its customers, and the emergence of the K mart idea. There is a limited amount of such correspondence (2"), but it is quite rich in content.