Edit in JSFiddle

// helper function for displaing results
var output = function(result) {
    document.getElementById('output').innerHTML = result;
}

var load = document.getElementById('load');

load.addEventListener('click', function() {
    output(localStorage.getItem("item"));
});

<button id="load">Load</button>
<br/><br/>
Result: <span id="output"></span>
 

span {
    color: #f00;
}