Ward Melville, chairman of the Melville Corporation, released the new Thom McAn shoe line in 1922, opening the first Thom McAn retail store in New York. The brand was named after the Scottish golfer Thomas McCann. Within five years, 300 stores were open, and by 1939 there were over 650 stores.
The popularity of sneakers in the 1980s hurt Thom McAn sales, and Melville Corp. began to focus on its sporting footwear division, Footaction USA. More than a third of Thom McAn outlets were closed during this decade.
The trend away from conservative leather casual shoes toward sneakers continued in the 1990s. In 1992, Melville closed 350 of the remaining 740 Thom McAn stores. In 1996, Melville converted 85 Thom McAn stores into Footaction outlets, and closed the remaining 200 stores, ending the storied existence of the Worcester, Mass. based retailer. Melville divested itself of all of its shoe retailing business, focusing on its CVS drug stores. A new corporation, Footstar, was created from the former Melville shoe lines.
Thom McAn still exists as a shoe line distibuted by Footstar, sold in the U.S. by Kmart and in other nations by Wal-Mart.