Lakeside Mall started as a joint-venture between A. Alfred Taubman and the Dutch investment company Rodamco. It opened in 1976 with four anchor stores: Hudson's, Sears, Crowley's, and J.C. Penney, with Lord and Taylor added in 1978 as a fifth anchor. In 1999, after the Crowley's chain filed for bankruptcy, Hudson's purchased the Crowley's building and moved its men's clothing and home goods into it.
In 2001, Hudson's stores are renamed Marshall Field's as part of a nameplate consolidation by parent Target Corp. Steve & Barry's also opened. f.y.e. relocated in 2006 to a smaller store, and H&M opened its first Michigan location in June 2006.
Marshall Field's was one of several nameplates converted to Macy's in 2006, as Federated Department Stores (now Macy's, Inc.) had acquired Marshall Fields' then-parent, May Company. Both the main and auxiliary Macy's at Lakeside Mall were rebranded. A year later, plans were announced for a $3 million renovation of the mall and its periphery. Renovations included new signage and improved pedestrian access to the mall. Exterior renovations began in late 2008. In 2014,Lakeside Mall cleared out a part of the lower level Sears wing to make way for an MC Sports.