Ilitch Holdings Inc., established in 1999, provides professional services for companies owned by Mike and Marian Ilitch. The companies are comprised of 10 Ilitch-owned businesses, the first of which was Little Caesars Pizza. The companies employ more than 22,000 employees worldwide. In 2015, its total combined revenue was $3.3 billion. The company is headquartered in downtown Detroit.
Little Caesars Pizza
Little Caesars Pizza was the Ilitches’ firstbusiness. Formed in 1959 in Garden City, the first franchise opened soon after in Warren. In 1962, Little Caesars was the largest carryout-only pizza chain in the U.S. Today, the company has 4,279 locations in the U.S. and overseas.*
Motorcity Casino Hotel
Marian Ilitch acquired full ownership of the MotorCity Casino Hotel in 2005. To rule out any conflict of interest, she absolved herself from any involvement in Major League Baseball. The casino offers 400 rooms, the Sound Board entertainment venue, multiple restaurants, and a large ballroom.
In 1992, Mike Ilitch acquired the Detroit Tigers from Domino’s Pizza owner Tom Monaghan for $85 million. The Major League Baseball team plays its home games at Comerica Park in Detroit. The team has won four World Series championships, the last in 1984.
Detroit Red Wings
The Detroit Red Wings are one of the National Hockey League’s oldest and most successful franchises. The Ilitches acquired the team in 1982 for $8.5 million. In 2015, the franchise was estimated to be worth more than $600 million. The team has won 11 Stanley Cups, the most recent in 2008.
The Ilitches acquired Olympia Stadium Corp. in 1982, and in 1996 renamed it Olympia Entertainment. The company oversees the Ilitches’ arenas and theaters, including the Fox Theatre, Joe Louis Arena, City Theatre, Comerica Park, Sound Board at MotorCity Casino Hotel, and the future Little Caesars Arena.
Olympia Development is the construction arm of the Ilitch organization. The company constructs and designs buildings both for Ilitch-owned companies and others. Olympia Development’s biggest current undertaking is Little Caesars Arena, the new $627.5-million home of the Detroit Red Wings.
Blue Line Food Service Distribution
Blue Line Food Service Distribution is a major food distributor. Founded in 1971, Blue Line provides restaurant equipment, food, paper products, and restaurant supplies to Little Caesar franchises.
Champion Foods is a food manufacturing company that specializes in easy-bake pizzas, breadsticks, calzones, cookie dough, and scones. The Ilitches founded the company in 1999.