1 9 2 0 s , ▁when ▁it ▁operated ▁ 1 8 7 ▁stores . ▁ ▁With ▁ 2 4 4 ▁ret ail ▁units ▁in ▁its ▁chain , ▁the ▁company ▁entered ▁bank rupt cy ▁in ▁January ▁ 1 9 3 3 . ▁The ▁company ▁was ▁dissol ved , ▁but ▁it ▁was ▁eventually ▁re - est ab lished ▁as ▁McC r ory ▁St ores ▁and ▁res umed ▁operations . ▁One ▁of ▁the ▁early ▁invest ors ▁was ▁Sebastian ▁S per ing ▁K res ge , ▁who ▁later ▁founded ▁the ▁S . S . ▁K res ge ▁chain , ▁which ▁became ▁K mart . ▁ ▁In ▁ 1 8 9 9 , ▁K res ge ▁trad ed ▁his ▁interest ▁in ▁the ▁McC r ory ' s ▁M emph is , ▁Tennessee ▁store ▁for ▁McC r ory ' s ▁interest ▁in ▁the ▁Detroit , ▁Michigan , ▁store , ▁giving ▁him ▁control ▁there . ▁In ▁ 1 9 8 7 , ▁the ▁K mart ▁Corporation ▁sold ▁its ▁remaining ▁K res ge ▁and ▁Jup iter ▁stores ▁in ▁the ▁United ▁States ▁to ▁McC r ory ▁St ores . ▁ ▁History ▁▁ ▁At ▁its ▁height , ▁McC r ory ' s ▁operated ▁ 1 , 3 0 0 ▁stores ▁under ▁its ▁own ▁name ▁and ▁as ▁T G & Y , ▁Mc L ellan ▁( mer ged ▁in ▁ 1 9 5 8 ), ▁H . ▁L . ▁Green , ▁Sil vers , ▁G . C . ▁Mur phy , ▁J . J . ▁New berry ▁and ▁Ot as co , ▁which