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{{Short description|American department store chain}} | |||
{{other uses|Main Street (disambiguation)}} | {{other uses|Main Street (disambiguation)}} | ||
{{Infobox company |
{{Infobox company | ||
| name = MainStreet | |||
| logo = MainStreet Discount Stores Logo.png | |||
| type = ] | |||
| fate = Converted or Sold to ] | |||
| foundation = 1983, ], ], USA | |||
| defunct = 1988 | |||
| location = ], USA | |||
| area_served = ], ], ], ], ] | |||
| parent = ] | |||
| industry = ] | |||
| products = Clothing, footwear, bedding, furniture, jewelry, beauty products, home electronics, small appliances, housewares | |||
company_slogan = "MainStreet is your street." | | |||
}} | }} | ||
'''MainStreet''' was a ] chain based in ], |
'''MainStreet''' was a ] chain based in ], ], United States. The chain was launched in November 1983 by Federated Department Stores (now known as ]).<ref name="find1">, ''Discount Store News'', July 9, 1984. {{Webarchive|url=https://web.archive.org/web/20150924052124/http://www.findarticles.com/p/articles/mi_m3092/is_v23/ai_3345587 |date=September 24, 2015 }}</ref> Throughout the 1980s, the chain expanded to twenty-nine stores in ], ], ], and ]. By 1988, MainStreet was sold to the ]-based chain ], which converted most MainStreet locations to Kohl's that year. | ||
==History== | ==History== | ||
Federated Department Stores, now known as ], founded the MainStreet chain in 1983 with seven stores in the ] area. The store was a middle-market chain focused primarily on softlines, similar to ] and ]. 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 ] in 1986.<ref>{{cite news|url=https://news.google.com/newspapers?id=BLUdAAAAIBAJ&sjid=sFcEAAAAIBAJ&pg=4088,8703853&dq=macomb-mall+main-street&hl=en|title=Mainstreet to open four stores|date=23 December 1985|work=The Bryan Times|accessdate=11 August 2010}}</ref> | Federated Department Stores, now known as ], founded the MainStreet chain in 1983 with seven stores in the ], ] area. The store was a middle-market chain focused primarily on softlines, similar to ] and ]. 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 ] in 1986.<ref>{{cite news|url=https://news.google.com/newspapers?id=BLUdAAAAIBAJ&sjid=sFcEAAAAIBAJ&pg=4088,8703853&dq=macomb-mall+main-street&hl=en|title=Mainstreet to open four stores|date=23 December 1985|work=The Bryan Times|accessdate=11 August 2010}}</ref> | ||
The MainStreet chain was sold by ], then-owners of Federated, in order to reduce debts following Campeau's buyout of Federated.<ref> {{webarchive |url=https://web.archive.org/web/20061208152504/http://www.businessweek.com/2000/00_49/b3710001.htm |date=December 8, 2006 }}, '']'', December 4, 2000.</ref> Kohl's acquired twenty-six of the twenty-nine MainStreet locations in 1988 for $90 million,<ref> {{webarchive |url=https://web.archive.org/web/20061223034240/http://www.kohlscorporation.com/AboutKohls/AboutKohls06.htm |date=December 23, 2006 }}, Kohl's Corporation, Last accessed January 23, 2007.</ref><ref>{{cite web|url=http://www.highbeam.com/doc/1G1-6783406.html|title=Article: Confirm Kohl's to buy Mainstreet from Federated Stores for $90M. |date=1988-11-01|work=Daily News Record|accessdate=2009-10-01}}</ref> and converted them to the Kohl's nameplate in March 1989.<ref>{{cite web|url=https://pqasb.pqarchiver.com/chicagotribune/access/24683898.html?dids=24683898:24683898&FMT=ABS&FMTS=ABS:FT&type=current&date=Feb+22%2C+1989&author=Wilma+Randle.&pub=Chicago+Tribune+%28pre-1997+Fulltext%29&desc=Kohl%27s+to+expand+MainStreet&pqatl=google|title=Kohl's to expand MainStreet|last=Randle|first=Wilma|date=1989-02-22|work=]|accessdate=2009-10-01}}</ref>The |
The MainStreet chain was sold by ], then-owners of Federated, in order to reduce debts following Campeau's buyout of Federated.<ref> {{webarchive |url=https://web.archive.org/web/20061208152504/http://www.businessweek.com/2000/00_49/b3710001.htm |date=December 8, 2006 }}, '']'', December 4, 2000.</ref> Kohl's acquired twenty-six of the twenty-nine MainStreet locations in 1988 for $90 million,<ref> {{webarchive |url=https://web.archive.org/web/20061223034240/http://www.kohlscorporation.com/AboutKohls/AboutKohls06.htm |date=December 23, 2006 }}, Kohl's Corporation, Last accessed January 23, 2007.</ref><ref>{{cite web|url=http://www.highbeam.com/doc/1G1-6783406.html|archive-url=https://web.archive.org/web/20121102053935/http://www.highbeam.com/doc/1G1-6783406.html|url-status=dead|archive-date=2012-11-02|title=Article: Confirm Kohl's to buy Mainstreet from Federated Stores for $90M. |date=1988-11-01|work=Daily News Record|accessdate=2009-10-01}}</ref> and converted them to the Kohl's nameplate in March 1989.<ref>{{cite web|url=https://pqasb.pqarchiver.com/chicagotribune/access/24683898.html?dids=24683898:24683898&FMT=ABS&FMTS=ABS:FT&type=current&date=Feb+22%2C+1989&author=Wilma+Randle.&pub=Chicago+Tribune+%28pre-1997+Fulltext%29&desc=Kohl%27s+to+expand+MainStreet&pqatl=google|archive-url=https://archive.today/20120712082950/http://pqasb.pqarchiver.com/chicagotribune/access/24683898.html?dids=24683898:24683898&FMT=ABS&FMTS=ABS:FT&type=current&date=Feb+22,+1989&author=Wilma+Randle.&pub=Chicago+Tribune+(pre-1997+Fulltext)&desc=Kohl's+to+expand+MainStreet&pqatl=google|url-status=dead|archive-date=July 12, 2012|title=Kohl's to expand MainStreet|last=Randle|first=Wilma|date=1989-02-22|work=]|accessdate=2009-10-01}}</ref> | ||
The MainStreet logo remained on a plaza sign in Downers Grove known as "MainStreet Square" well into the 2000s before the sign was eventually replaced with the name kept. It had been previously anchored by a MainStreet, which now is occupied by a Kohl's. | |||
==References== | ==References== | ||
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Latest revision as of 04:38, 17 October 2024
American department store chain For other uses, see Main Street (disambiguation).Company 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.). Throughout the 1980s, the chain expanded to twenty-nine stores in Illinois, Michigan, Indiana, 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 Mervyn's. 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.
The MainStreet chain was sold by Campeau Corporation, then-owners of Federated, in order to reduce debts following Campeau's buyout of Federated. Kohl's acquired twenty-six of the twenty-nine MainStreet locations in 1988 for $90 million, and converted them to the Kohl's nameplate in March 1989.
The MainStreet logo remained on a plaza sign in Downers Grove known as "MainStreet Square" well into the 2000s before the sign was eventually replaced with the name kept. It had been previously anchored by a MainStreet, which now is occupied by a Kohl's.
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. Archived from the original on July 12, 2012. Retrieved 2009-10-01.