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Marshall Field
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Marshall Field
Marshall Field 1834-1906, American merchant, b. Conway, Mass. In 1856, after five years' apprenticeship in a general store in Pittsfield, Mass., he went to Chicago and became a clerk for Cooley, Wadsworth & Co., a leading dry-goods house there, of which he became a junior partner in 1862. In 1865 he became a partner in the firm of Field, Palmer, and Leiter, the company that became Marshall Field and Co. in 1881. He amassed one of the largest private fortunes in the United States and pioneered in establishing many modern retailing practices.
He made the first of his major philanthropies when he was a charter member of the corporation formed (1878) to found the institution which became the Art Institute of Chicago. In 1890 he gave the original tract of land for the Univ. of Chicago, ultimately becoming one of the largest donors to the school. In 1893 he gave $1,000,000 to the fund for the museum at the World's Columbian Exposition. Its collections were the nucleus of the Field Museum of Natural History, now housed in a magnificent building on the Chicago lake front that was provided by a bequest of $8,000,000 from Field.
His son, Marshall Field 2d, 1868-1905, never made any move to follow his father into business. His early death from a gun wound was officially held to have been accidental.
Marshall Field 3d, 1893-1956, son of Marshall Field 2d, was educated at Eton and at Cambridge, then served in World War I. He engaged in numerous business activities until 1936, when he gave up all of them to devote himself to his various social projects. In June, 1940, Field helped found the New York City liberal newspaper PM. He was the publication's largest stockholder and, from Oct., 1940, its owner. He took no part in its editorial direction, but offered it financial support until Apr., 1948, when the paper was sold; soon afterward it went out of business.
In 1941, Field started the Chicago Sun, and in Jan., 1948, he bought the Chicago Times and merged the two papers. Field took a more active part in that journalistic enterprise, ultimately becoming the paper's dominant personality. Through Field Enterprises, Inc. (est. 1944) he also published the World Book Encyclopedia. His charities included many child welfare organizations. Field's political and social beliefs are expressed in his book Freedom Is More than a Word (1945).
Bibliography: See L. Wendt and H. Kogan, Give the Lady What She Wants: The Story of Marshall Field and Co. (1952); biography of Marshall Field 3d by S. D. Becker (1964); J. Tebbel, The Marshall Fields: A Study in Wealth (1947).
Related newspaper, magazine, and trade journal articles from HighBeam Research
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Marshall Field's memories
Newspaper article from: Post-Tribune (IN); 10/9/2005; ; 700+ words
; ...Christmas shopping at Marshall Field's on State Street in Chicago is a yearly ritual...to see a famous Chicago landmark. A Frango...Bridget Barnett Dyer Marshall Field's -- that's where...in New York and Marshall Field's in Chicago. It's a landmark...
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Chicago not ready to be in a New York state of mind Field's hasn't been owned by anyone named Marshall Field for ages
Newspaper article from: Chicago Sun-Times; 9/21/2005; ; 699 words
; ...the Commission on Chicago (not New York...landmark status to the Marshall Field's mother church...barked, "but listen, Marshall Field's didn't care when...Frango mints out of Chicago." It was like a...tears down the old Marshall Field's logo and plasters...heads will ...
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THROUGH THE YEARS.(history of Marshall Field's and Chicago)
Magazine article from: WWD; 10/9/2003; ; 700+ words
; The history of both Chicago and Marshall Field's are inextricably...sidewalks of mid-1800s Chicago that Marshall Field's, the venerable...Windy City itself. Marshall Field's has always been synonymous with Chicago, said Tim Samuelson...
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MACY'S ON MICHIGAN AVENUE? FEDERATED AND MAY CO. SEEN AS POSSIBLE PURCHASERS OF MARSHALL FIELD'S.
Magazine article from: Daily News Record; 3/15/2004; 650 words
; ...YORK -- A sale of Marshall Field's might mean that Chicago's Michigan Avenue...a combination of Marshall Field's in Chicago, J.L. Hudson in...overhaul the landmark Marshall Field's store on State Street in Chicago with floor renovations...
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Marshall Field's is city icon -- leave it alone
Newspaper article from: Chicago Sun-Times; 7/17/2005; ; 485 words
; ...historic and honorable Chicago name "Marshall Field's" is headed for...them: 1. No one in Chicago wants Marshall Field's to be named Macy...if I were to ask a Chicagoan, "Do you think the name of Marshall Field's should be changed...
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Marshall Field's ends agreement with bridal salon operator E.F.T.B.(BUSINESS)
Newspaper article from: Star Tribune (Minneapolis, MN); 5/17/2002; ; 620 words
; ...those in downtown Chicago and Troy, Mich., remain open. But Marshall Field's has placed its...prepared statement, Marshall Field's said the decision...the contract of Chicago-based E.F.T.B...Wednesday with Marshall Field's officials in Chicago about ...
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Saying so long: Signs point to the end of Marshall Field's local retail run.
Newspaper article from: Milwaukee Journal Sentinel (Milwaukee, WI); 7/31/2006; 700+ words
; ...era. It took Marshall Field's 20 years to...consulting firm in Chicago. Unlike Chicago...Doolittle, a Chicago retail consulting...area. Founded in Chicago in 1852, Marshall Field's always has...over and over. Chicago shoppers have...the love that ...
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May Co.'s Cash Buys Marshall Field's Cachet.
Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News); 6/13/2004; 700+ words
; ...importance of Marshall Field's flagship store in downtown Chicago -- the nation...store (in Chicago) is of tremendous...competitors enjoy. Marshall Field's headquarters...also said Marshall Field's and some...Minneapolis and Chicago. If the deal...
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May Co. Might Be Overpaying for Marshall Field's, Analysts Say.
Newspaper article from: St. Louis Post-Dispatch (St. Louis, Missouri) (via Knight-Ridder/Tribune Business News); 6/11/2004; 681 words
; ...too high. Kahn emphasized that May sees Marshall Field's as a learning laboratory that will help...printed this morning that Federated had won Marshall Field's, Gene Kahn would have to justify falling...than it should have, particularly because Marshall Field's has not been ...
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Saying so long; Signs point to the end; of Marshall Field's; local retail run
Newspaper article from: The Milwaukee Journal Sentinel; 7/31/2006; ; 700+ words
; ...era. "It took Marshall Field's 20 years to...consulting firm in Chicago. Unlike Chicago...Doolittle, a Chicago retail consulting...area. Founded in Chicago in 1852, Marshall Field's always has...over and over. Chicago shoppers have...the love that ...
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Marshall Field
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Book article from: Britannica Concise Encyclopedia
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