The story
In the early 1930s, Mr. Abt sold radios at the old Fair Store on State Street. He wanted to go into the grocery business, but his wife, Jewel, vetoed the idea because she knew the inventory could spoil and he would have to get up at 3 a.m. to go to the market. Instead, they opened Abt Radio in the Logan Square neighborhood.
Abt Electronics was founded in 1936 when Jewel (née Fischman) Abt gave $800 to her husband David Abt to start a business. The store was originally named Abt Radio as it only sold small electronics in its early days. The original location was a small storefront and service department in the Logan Square area of Chicago. Abt Electronics has expanded many times over the years. Abt electronics currently employs more than 1,650 employees in a 450,000 square feet retail store and warehouse in Glenview, Illinois, a suburb of Chicago. In May 2021, Abt announced plans for a 430,000 square-foot addition to their warehouse, effectively doubling the total area of their facility. Construction on the addition is expected to be completed in October 2021.
Timeline
1936 - Jewel and Dave Abt open Abt Radio with $800, located at 2835 N. Milwaukee, Chicago, selling small electronics
1953 - Bob Abt (former CEO; died July 23, 2015) begins working at Abt Radio part-time and over summers.
1955 - Abt moves to Logan Square Location at 2858 N. Milwaukee Ave., Chicago. Merchandise is kept off-site at the Hollander warehouse. One van made all the deliveries.
1971 - The Abt family opens a store in Niles, Illinois.
1977 - The Logan Square location closes.
1986 - Abt expands the Niles location, doubling in size from 12,000 to 24,000 square feet (2,200 m2).
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1990 - The Niles store closes on December 9.
1990 - Abt's fourth location, in Morton Grove, Illinois, opens for business December 10.
1990 - Recycling program begins.
1997 - Abt.com was launches. Abt becomes an authorized online retailer for brands like Sony, Panasonic, Toshiba, Bose, and Onkyo.
2002 - Abt closes the Morton Grove store. On May 26 Abt's fifth location, in Glenview, Illinois, opens for business.
2005 - May 25, the city of Chicago dedicates the corner of Wolfram and Milwaukee Ave. to Jewel and David Abt. The new corner is called Jewel and David Abt Way.
2008 - Jewel and David Abt are inducted into the 2008 Consumer Electronics Hall of Fame.
2008 - The Abt Design Center opens in June.
2008 - The 10,000-square-foot (930 m2) recycling center opens in October.
2008 - Abt is chosen as the Chicago Tribune's Top Workplace in Chicago.
2009 - Abt's Mobile Installation department is voted one of the top 100 best retailers and installers from Mobile Electronics Inc.
2010 - Abt is chosen as the 2010 Dealer of the Year by home automation company Control4
2010 - Abt is voted in the top 10 of Chicago Tribune's "Top Chicago Workplaces" for the best place to work in the Chicago area.
2010-2020 - Voted the "Best Place to Buy Large Appliances" by Consumer Reports for eleven consecutive years
2011 - Voted the #1 place to work in Chicago Tribune's "Top Chicago Workplaces"
2012 - Voted the #1 place to work in Chicago Tribune's "Top Chicago Workplaces"
2013 - Voted the #20 place to work for nationwide by WorkplaceDynamics
2016 - Voted the #1 place to work in Chicago Tribune's "Top Chicago Workplaces"
2016 - Receives the Better Business Bureau Torch Award for Marketplace Ethics
2016 - Abt completes installation of a 1500-panel rooftop solar array, capable of producing 850 megawatts of power per year
2020 - Receives the Better Business Bureau Torch Award for Marketplace Ethics
2021 - Abt's new 30,000 square foot recycling center opens
2021 - Abt is voted one of Consumer Reports' "Best Place to Buy Small Appliances"
2021 - Construction starts on a new 429,524-square-foot building addition that will double Abt's warehouse space
From Wikipedia’s article on Abt Electronics, shared under CC BY-SA 4.0.4