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Kresge's (SS Kresge, that is) is a chain of department stores on the east coast.
The west coast version was K-Mart.
Are there any other identifying marks on the gun?
Maybe a picture or two might help.
EDIT: just found this - https://thefiringline.com/forums/showthread.php?t=584950
If its in good shape, $130 wouldn't be out of the question.
If it were me, and they seemed in a dealin' mood, I might try to talk'em down to a century note.
Here's a short video on the .410 version of that gun...
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