Henry C. Lytton & Co.

Henry C. Lytton & Co., nicknamed The Hub and Lytton's, was a department store chain headquartered in Chicago, Illinois, United States. The first store opened on State Street in 1887 and the last store closed in 1986.

History

Henry Charles Lytton first opened a store in Ionia, Michigan, but it proved unprofitable. Later forays in Grand Rapids, Michigan and Indianapolis, Indiana provided Lytton with enough capital to open a store in the Loop of Chicago, Illinois. The store, which he nicknamed The Hub, opened in 1887 on the corner of Jackson and State Streets in the Otis Building. It specialized in mass-produced menswear, a rarity at the time.[1][2]

In 1913, the store moved across the street into a new eighteen-story skyscraper known as the Lytton Store Building. Designed by Marshall & Fox, The Hub used the lower eight floors and both basements. The store then began to sell sporting goods. Lytton retired in 1917 and his son George took over. Henry would return to the head of the company in 1933 when George died. In 1934, Lytton opened a store at the Century of Progress world's fair.[3] By the late 1930s, The Hub had branches in Evanston, Illinois; Oak Park, Illinois; and Gary, Indiana. The company grossed $19 million in 1946.[4] Also that year, the company name was officially changed to Henry C. Lytton & Co. to commemorate Lytton's 100th birthday. Lytton remained president until his death in 1947 at age 101.

The chain was purchased by Thomas Raffery, the former head of Venture Stores, and Matthew Kallman, formerly of Stix Baer & Fuller, in 1983. The firm, then consisting of twelve stores, went bankrupt the next March. Nine of its branches were then dissolved to raise money to maintain the flagship store on State Street.[5] The company went out of business in 1986. The store building is now owned and used by DePaul University and is part of the Loop Retail Historic District.

References

  1. ↑ Benziger, Marieli (1993). August Benziger: International Portrait Painter. The Society of the Sacred Heart. p. 156.
  2. ↑ Dunne, Edward F. (1933). Illinois: The Heart of the Nation.
  3. ↑ Gleisten, Samantha (2002). Chicago's 1933-34 World's Fair: A Century of Progress in Vintage Postcards. Acadia Publishing. p. 65.
  4. ↑ "People". TIME. August 5, 1946: 42.
  5. ↑ http://articles.chicagotribune.com/1985-03-07/business/8501130358_1_woodfield-mall-state-street-store-reorganization
This article is issued from Wikipedia - version of the 10/9/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.