MainStreet (department store)
Type | Department store |
---|---|
Industry | Retail |
Founded | 1983, Chicago, Illinois, USA |
Defunct | 1988 |
Fate | Converted or Sold to Kohl's |
Headquarters | Bannockburn, Illinois, USA |
Area served | Chicago metropolitan area, Detroit, Michigan, Grand Rapids, Michigan, Twin Cities, Minnesota |
Products | Clothing, footwear, bedding, furniture, jewelry, beauty products, home electronics, small appliances, housewares |
Parent | Federated Department Stores |
MainStreet was a department store chain based in Chicago, Illinois, United States. The chain was launched in November 1983 by Federated Department Stores (now known as Macy's, Inc.).[1] Throughout the 1980s, the chain expanded to twenty-nine stores in Illinois, Michigan and Minnesota. By 1988, MainStreet was sold to the Wisconsin-based chain Kohl's, which converted most MainStreet locations to Kohl's that year.
History[]
Federated Department Stores, now known as Macy's, Inc., founded the MainStreet chain in 1983 with seven stores in the Chicago, Illinois area. The store was a middle-market chain focused primarily on softlines, similar to Kohl's and Mervyns. MainStreet stores often featured a "racetrack" layout like a discounter, but checkouts were distributed around the store like a traditional department store. The first locations outside the Chicago area opened around Metro Detroit in 1986.[2]
The MainStreet chain was sold by Campeau Corporation, then-owners of Federated, in order to reduce debts following Campeau's buyout of Federated.[3] Kohl's acquired twenty-six of the twenty-nine MainStreet locations in 1988 for $90 million,[4][5] and converted them to the Kohl's nameplate in March 1989.[6] The only remnant of this store's name and logo still in use is MainStreet Square, a strip mall in Downers Grove, Illinois that originally had a MainStreet store as its anchor before it was converted to a Kohl's, but the strip mall name stayed the same.
References[]
- ^ Federated to add specialty div. and fine-tune non-department stores, Discount Store News, July 9, 1984. Archived September 24, 2015, at the Wayback Machine
- ^ "Mainstreet to open four stores". The Bryan Times. 23 December 1985. Retrieved 11 August 2010.
- ^ Toy story Archived December 8, 2006, at the Wayback Machine, BusinessWeek, December 4, 2000.
- ^ Our Milestones Archived December 23, 2006, at the Wayback Machine, Kohl's Corporation, Last accessed January 23, 2007.
- ^ "Article: Confirm Kohl's to buy Mainstreet from Federated Stores for $90M". Daily News Record. 1988-11-01. Archived from the original on 2012-11-02. Retrieved 2009-10-01.
- ^ Randle, Wilma (1989-02-22). "Kohl's to expand MainStreet". The Chicago Tribune. Retrieved 2009-10-01.
- Defunct department stores based in Chicago
- Defunct companies based in Chicago
- American companies established in 1983
- Retail companies established in 1983
- Retail companies disestablished in 1988
- 1983 establishments in Illinois
- 1988 disestablishments in Illinois
- Macy's