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Kresge's and S. S. Kresge (incorporated in 1899), [256] later K-Mart Corporation (headquartered in Troy), then Sears Holdings Corporation is frequently credited with invention of the modern discount department store with the opening of Kmart in 1962. The last Kresge's store in Livonia, Michigan closed in 1987.
In 2010, the mall was bought by Simon Property Group's Premium Outlet division and renamed Birch Run Premium Outlets. [4] The mall's busiest months are August and December, the former due to back-to-school shopping and vacationing travelers. [5] For many years, Birch Run Premium Outlets were the largest outlet mall in the Midwestern United ...
In 2010, 2011 and 2012, Inc. named it one of the fastest-growing companies in the nation. [2] In 2012, Merchandize Liquidators doubled its revenues. [3] Merchandize Liquidators 2011 gross sales were $5.4 million and the percentage revenue growth for the four-year period through 2011 was more than 700 percent, according to a report by a leading trade publication. [4]
That year, the Hudson's department store chain and architect Victor Gruen developed Northland Center in the Detroit suburb of Southfield. [1] It was followed by three other directional malls in Detroit suburbs, also developed by Hudson's and Gruen: Eastland Center in Harper Woods , Westland Center in Westland and Southland Center in Taylor .
The rebranding made Great Lakes Crossing the largest outlet mall in the state of Michigan, with over 185 stores. [35] Borders, one of the mall's outparcels, went out of business in 2011; two years later, their location became the first Michigan location for 2nd and Charles, a second-hand bookstore owned by Books-A-Million. [36]
Yankee was an American discount department store chain begun in Flint, Michigan. Partners Joseph Megdell and Wilbert Roberts opened their first store in 1948 to sell military surplus under the name U.S. Surplus. By 1964, it had become a discount chain with 21 stores throughout southeastern Michigan, primarily around Flint.