Detroit mourns death of business titan and visionary Mike Ilitch

screen-shot-2017-02-10-at-7-40-11-pmThat single mom and pop pizza shop grew into the world’s largest carryout pizza chain, with restaurants in 20 countries and territories throughout the world. Success in the pizza business enabled Ilitch to invest in other businesses in food, sports and entertainment. All businesses are headquartered in the Detroit metropolitan area and will continue to thrive under family ownership, led by President and CEO of Ilitch Holdings, Inc., Christopher Ilitch.

Today, Ilitch Holdings, Inc. provides professional services to the companies owned by Mike and/or Marian Ilitch. The Ilitch companies employ 23,000 full-time and part-time colleagues worldwide and posted revenues of $3.4 billion in 2016. The Ilitch companies include: Ilitch Holdings, Little Caesars Pizza, Blue Line Foodservice Distribution, the Detroit Red Wings, the Detroit Tigers, Olympia Entertainment, Olympia Development, Little Caesars Pizza Kits Fundraising Program and Champion Foods. Marian Ilitch owns the MotorCity Casino Hotel.

True to Mr. Ilitch’s vision for a bustling downtown area, the Ilitch organization will continue its transformational District Detroit project under Christopher Ilitch’s leadership, transforming dozens of blocks of largely vacant land in Downtown Detroit into a dynamic, vibrant area for everyone in the community to enjoy. The District Detroit will include office, retail and residential spaces, as well as the new Little Caesars Arena. The $1.2 billion project is expected to have a $2.1 billion total economic impact on Detroit, the region and Michigan.

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