I Like Illinois
  • I Like Illinois
    • Did You Know...
    • On This Day
  • |
  • Economy
    • Business Success
    • Ingenuity
    • Natural Resources
    • Transportation
  • |
  • Living
    • Arts & Culture
    • Education
    • Tourism
  • |
  • Just the Facts
  • |
  • Opinion

Made in Illinois: Pittman's Popcorn Shop

Details
Sunday, January 19, 2020 09:30 AM
  • Made in Illinois
  • Pittman's Popcorn Shop
  • National Popcorn Day

MADE IN ILLINOISThis month Made in Illinois has a tasty feature. In honor of National Popcorn Day, we visited Pittman’s Popcorn Shop (1500 Wabash Ave. Springfield, IL) and spoke to Michael Pittman, the owner of the independent, family-owned gourmet popcorn store.

First opened in 2016, Pittman’s Popcorn Shop touts more than 500 popcorn flavors with 70 flavors available at any given time. From traditional flavors like caramel and cheddar to their own creations like strawberry cheesecake and peanut butter chocolate, Pittman’s Popcorn Shop has something to offer to everyone.

Read the story below of how Pittman started and has grown his business.

Read more …

NASA inducted Pekin native Captain Scott Altman into the U.S. Astronaut's Hall of Fame

Details
Monday, May 14, 2018 10:30 AM

NASAScott Altman Bronze Bust 081 inducted Pekin native Captain Scott Altman into the U.S. Astronaut’s Hall of Fame on April 21 with a ceremony at the Kennedy Space Center Visitor Complex. Altman is one of 98 other American astronauts to receive that honor, including Neil Armstrong, John Young and Gordon Fullerton.

Altman began his journey at Edison Junior High School in Pekin before continuing his education at the University of Illinois Champaign-Urbana. There he studied aeronautical and astronautical engineering before joining the Navy and rising to the rank of captain. He later earned a Master of Science degree in aeronautical engineering from the Naval Postgraduate School.

Read more …

National Caramel Day: Check out these local shops in our state

Details
Thursday, April 05, 2018 10:11 AM

caramel

Did you know that today is National Caramel Day? If you want to celebrate, check out one of these locally owned shops in Illinois.

Flesor’s Candy Kitchen in Tuscola

Flesor’s Candy Kitchen is a classic example of the American Dream. Gus Flesor bought the building and opened his own confectionary in 1901, after emigrating from Greece. Success in the business allowed him to bring two of his brothers to Tuscola. Gus Flesor is known for their delicious caramels that you can buy wrapped or homemade hand-dipped. All their candy is made by hand with no preservatives. 

Read more …

Illinois again #3 in business relocation ranking

Details
Wednesday, March 07, 2018 04:22 PM

SSPeterandPaulaerial CityofNaperville Toggle 1024x683Illinois remains among the best places for businesses looking to relocate, according to Site Selection Magazine.

Named third in the 2017 Governor’s Cup rankings, Illinois ranked behind only Texas and Ohio in new corporate facility projects, according to the magazine.

The Chicago-Naperville-Elgin metro area remained the top metropolitan area with more than 1 million people, with 402 new and expanded facilities projects, according to the ranking.

Read more …

Family Video thrives in Illinois and rural America

Details
Friday, February 24, 2017 02:03 PM
  • Family Video
  • Marco's Pizza

Family VideoThough Blockbuster has but a few dozen stores left, Glenview-based company Family Video has expanded to 759 locations in 19 states and Canada. Last year the DVD rental company made an estimated $400 million in revenue and has seen significant growth under President Keith Hoogland.

In its heyday, Blockbuster operated over 9,000 stores and made $6 billion in revenue annually. While many have thought that the large movie rental companies faded due to the development of digital technology, Keith Hoogland cites poor business practices and contracts as the reason for the large movie rental companies’ demise.

BlockbusterFamily Video has taken a much different approach than big video chains like Movie Gallery and Blockbuster. The company has chosen to buy movies outright and keep all of the profits rather than accepting deals for discounted movies in exchange for shared revenue. Family Video stores are entirely company-owned and use many items that are made in-house, ranging from software to shelving.

Keith Hoogland has continued to adapt his ventures as the marketplace changes. As the market has changed, he’s reduced the square footage of hisMarcos Pizza stores and leased the space to businesses like Subway, H&R Block and Marco’s Pizza. In fact, Hoogland is the largest Marco’s Pizza franchiser, operating 149 stores. Additionally, Hoogland has opened 11 fitness centers and a chain of electronics-repair stores. The businesses are managed by the parent company Highland Ventures (Hoogland means Highland in Dutch) and video continues to account for about 90 percent of Highland Ventures annual revenue.

The history of Family Video can be traced to 1946, when Keith Hoogland’s grandfather Clarence opened an appliance distribution business. Keith’s father Charlie took over in 1953. In the 1970s, the distribution business started to wane as mom-and-pop shops closed and suppliers choose direct sales over distributors. In 1978, with an overstock of videocassette tapes and a few real estate properties, Charlie Hoogland launched the Video Movie Club of Springfield, one of the very first movie-rental stores in the U.S.

Charlie Hoogland worried that technological advancements would soon render his cassette tapes irrelevant, but he figured that the real estate beneath the stores would remain valuable. He began a policy of paying off mortgages on his locations within five years, a practice that Family Video continues today. Forbes estimates the chain's real estate is worth as much as $750 million today.

In the 1980s, Charlie forged into rural markets, hypothesizing that larger competitors would maintain an advantage in big cities. Now 90 percent of Family Video’s stores are in rural America where customers may have limited access to high-speed internet or be reluctant to use services such as Hulu and Netflix.

Over the years, Family Video has embedded itself within the community. When a new store opens, it’s a community affair with snow cone machines, face painting and giveaways. Hoogland told Forbes that his stores have become gathering places like local coffee shops.

Family Video has in part remained competitive by offering new releases well before streaming sites. The copyright laws on physical discs are much less stringent than for streamed content, allowing Family Video to offer the latest films weeks or months before streaming outlets. This fact has also helped Family Video gain business with a younger crowd.

Though Hoogland realizes that his movie rental enterprise won’t last forever, he will continue to use Family Video to increase his real estate portfolio.

For more information and to see the initial article, click here.

More Articles …

  1. Valentine's Day at Pease's and Bunn Gourmet
  2. Coffee, conversation and craftsmanship at Chicago's Heritage General Store
  3. Southern-style restaurant a staple on Springfield's East Side (VIDEO)
  4. Made in Illinois: Gridley Meats Inc.
  5. Made in Illinois: JAVA & Co.
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
facebooktwitteryoutube

Latest

  • Illinois Innovation – Chicago Blood Bank
  • Illinois high school graduates create food expiration app to reduce waste
  • A celebration of heritage and community at the Warren County Prime Beef Festival

Popular

  • Whitney M. Young Magnet High School in Chicago ranked #2 most diverse school in America
  • Did you know? Illinois is home to the only river in the world that flows backwards.
  • Artist of the Month - Jesus Cruz

I LIKE ILLINOIS © Copyright 2025

  1. You are here:  
  2. Home
  3. Economy
  4. Business Success