A look into Houston's retail past

Venture

Venture Stores Inc. originally started out as a project of the May Department Store company, a large conglomerate that bought and owned many department store chains throughout the US. In the late 60’s the company hired a few ex-employees of competing Dayton-Hudson, including Target co-founder John Geisse, with the plan to develop a competing upscale discount department store. The first location opened in St. Louis in 1970, and was quickly followed by a small number of stores throughout the area, and a few in Chicago. These early stores stylistically resembled Target, using large amounts of red coloring throughout the building, and similar block lettering for the logo, next to a geometric accent. The earliest stores even had their department layouts directly lifted from Target.

May slowly built up the Venture chain building many news locations, and converting a few individually purchased competitors stores. Decisions for new locations were based on markets where May had experienced success with their full line department stores. By 1985 Venture had made it to over 50 stores mostly split between Chicago and St. Louis. They also began to expand into medium sized markets in the Midwest, such as Oklahoma, Indiana, and Kansas. This careful growth into under-served markets helped to bolster the chains success. With the 1988 acquisition of Foley’s by the May Company, executives had their sights set on Texas for the next expansion of Venture. In 1990 Venture was spun off as an independent company from May. The idea behind this was that Venture would be able to focus more resources, and money directly on their stores instead of having to play second banana to its upscale brothers and sisters.


As Venture expanded into new markets they tried to emphasize low prices.

On July 22, 1992 Venture announced a huge new plan, they would expand into Texas giving concrete plans for a total of 9 stores in the state. The first property to be purchased was an empty lot across from Willowbrook Mall. It had taken the better part of a year to acquire the land due to the bankruptcy proceedings of the landowner. The resolve needed to acquire that parcel showed that Venture used a great deal of finesse in locating their stores. At the same time three leases that were also executed taking the spaces of three former Woolco stores which had closed in bankruptcy just 9 years prior. Venture was also still in the process of negotiating a lease in conjunction with Builder’s Square at Westheimer and Highway 6.

Within a month Venture began to release more information about their Texas expansion to the public. They were shooting for around fifty stores in Texas. Outside of Houston they had made started making plans for the DFW area with four stores. May Co executives had become familiar with this area due to Foley’s merger with Sanger Harris one year prior to the acquisition. A distribution center was also under construction in Corsicana just South of Dallas. This location would help centralize operations for Venture’s proposed service area which stretched all the way to San Antonio, and Corpus Christi,

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Store No.
Locations
Description
17717 Tomball Pkwy Houston, TXFirst location built, sold to Kmart subdivided between REI, Petsmart, and Best Buy as of 2020
3503 Palmer Hwy Texas City, TXBuilt as a Woolco, sold to Wal-Mart then to Kmart, sold to BP used as offices, now subdivided into shopping center (Originally 3401)
12511542 Gulf Fwy Houston, TXBuilt as a Woolco later subdivided with Front Row, Bizmart, and Shoetown, Sold to Kmart, now Floor and Decor (Originally 11540)
1306802 Spencer Hwy Pasadena, TXBuilt as a Woolco, subdivided with J Brannam, Wal-Mart after 1983. Did not become KMart. Now subdivided among multiple stores
310 FM 1960 W Houston, TXBuilt by Venture, sold to Kmart, subdivided between Fallas Parades (using original entryway) Dirt Cheap, and Planet Fitness
1001 Bay Area Blvd, Webster, TXBuilt by Venture, sold to Kmart, Later subdivided including Circuit City
13512005 Northwest FreewayBuilt by Venture, sold to Kmart, Now Burlington Coat Factory
2745 Town Center Blvd Sugar Land, TXBuilt by Venture, sold to Kmart, Subdivided between DSW, Saks, and David's Bridal
139300 Meyerland Plaza Houston, TXBuilt where half of Meyerland Plaza once sat. Sold to Kmart, then Target.
8300 W Sam Houston Pkwy S Houston, TXBuilt by Venture, sold to Kmart, now Viet Hoa Market
1407600 WestheimerBuilt by Venture, Became Expo Design Center, Now mostly Academy with small unoccupied space on left.
14411 Westheimer Rd Houston, TXBuilt by Venture, sold to Kmart, Later Burlington Coat Factory, now Alief ISD Building
1434553 Garth Rd. Baytown, TX