Merchants and retailers like Kmart offer coupons as an incentive to shoppers to purchase online or in store. When you redeems a coupon code, you will receive a discount. Typical Kmart coupons or deals offer you, a fixed discount, a percentage off the entire purchase price, free shipping, or any other discount as advertised by Kmart.
You can obtain coupon code from advertisements in Kmart store or online, reaching a specific dollar amount when a purchase is made, or as an incentive for being referred by an existing customer.
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S. S. Kresge, the founder of the company that would become Kmart, met variety-store pioneer Frank Winfield Woolworth while working as a traveling salesman and selling to all 19 of Woolworth's stores at the time. In 1897 Kresge invested $6,700 saved from his job into a five-and-dime store in Memphis, Tennessee. He jointly owned the first store with his former tinware customer, John McCrory. Kresge and McCrory added a second store in downtown Detroit the following year. These were the first S.S. Kresge stores. After two years of partnership, he traded McCrory his share in the Memphis store, plus $3,000, for full ownership of the Detroit store, and formed the Kresge & Wilson Company with his brother-in-law, Charles J. Wilson.
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