Federal Department Store, or Federal's, was a
department store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store under one roof, each area ("department") specializing in a product category. In modern major cities, the department store mad ...
chain based in
Detroit
Detroit ( , ) is the List of municipalities in Michigan, most populous city in the U.S. state of Michigan. It is situated on the bank of the Detroit River across from Windsor, Ontario. It had a population of 639,111 at the 2020 United State ...
.
History
Federal's was founded in 1929. In 1961, Federal's merged with Kobacker's of
Columbus, Ohio
Columbus (, ) is the List of capitals in the United States, capital and List of cities in Ohio, most populous city of the U.S. state of Ohio. With a 2020 United States census, 2020 census population of 905,748, it is the List of United States ...
and in 1969,
it bought Shifrin-Willens Jewelers.
The chain filed for bankruptcy in 1972. That same year, the Federal's stores in
Lansing and
Kalamazoo
Kalamazoo ( ) is a city in Kalamazoo County, Michigan, United States, and its county seat. At the 2020 United States census, 2020 census, Kalamazoo had a population of 73,598. It is the principal city of the Kalamazoo–Portage metropolitan are ...
were closed.
Steven Watstein, also known as Steven West, purchased Federal's in 1978.
The chain was liquidated in 1980.
One of Federal's holdings at the time of the bankruptcy was the
Hoffritz for Cutlery chain, which was sold off in 1975 in a leveraged buyout.
[Trying a Jump-Start at Hoffritz](_blank)
''The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' (December 17, 1994)
References
Defunct department stores based in Michigan
Defunct companies based in Michigan
Companies based in Detroit
American companies established in 1929
Retail companies established in 1929
Retail companies disestablished in 1980
1929 establishments in Michigan
1980 disestablishments in Michigan
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