Federal's
| File:Federal's Department Store Final Logo.png | |
| Company type | Private |
|---|---|
| Industry | Retail |
| Founded | 1929 in Detroit, Michigan |
| Founder | Davison brothers |
| Defunct | Template:End date and age |
| Fate | Liquidation |
Number of locations | 54 |
Area served | Metro Detroit |
| Products | Clothing, household goods |
Federal Department Store, commonly known as Federal's, was a retail department store chain headquartered in Detroit.
History
Established in 1929, Federal's expanded its operations over the decades. In 1961, the company combined forces with Kobacker's, a retailer based in Columbus, Ohio. Later, in 1969, Federal's acquired Shifrin-Willens Jewelers. Financial difficulties led the chain to file for bankruptcy protection in 1972. That same year, Federal's closed its locations in Lansing and Kalamazoo. In 1978, Steven Watstein—also known by the name Steven West—became the new owner of Federal's. Ultimately, the chain ceased operations and was liquidated in 1980.
At the time of bankruptcy proceedings, Federal's possessed several assets including the Hoffritz for Cutlery chain, which was divested in 1975 through a leveraged buyout.
References
- Articles with hatnote templates targeting a nonexistent page
- Pages with broken file links
- Former department stores in Michigan
- Defunct Michigan-based businesses
- Detroit-based companies
- American enterprises founded in 1929
- Retail businesses started in 1929
- Retail businesses closed in 1980
- 1929 establishments in Michigan
- 1980 closures in Michigan
- Defunct department stores based in Michigan