Marshall Field's

Marshall Field's is a department store chain headquartered in Minneapolis, Minnesota with its flagship store on State Street in Chicago. Since August 30, 2005, it has been a division of Federated Department Stores. It was formerly a division of May Department Stores, which acquired it on July 30, 2004 from Target Corporation, until the Federated takeover of May Company.

Post 1990 History

In 1990 Marshall Field's was purchased by the Dayton Hudson Corporation (later renamed Target Corporation) which merged its operations with that of its own Dayton's stores based in Minneapolis and the Hudson's stores in Michigan as the Dayton Hudson Department Stores Co., with each retaining their names in their respective markets, but headquartered in Minneapolis. In 1997 Marshall Field's sold its 4 Texas locations to Saks Fifth Avenue and Macy's. In 2001 Dayton's and Hudson's were renamed to Marshall Field's, an event that was received with mixed emotion in Dayton's hometown of Minneapolis. In 2003 Marshall Field's sold its 2 Columbus, Ohio locations to May Department Stores Company, which reopened them under its Kaufmann's division. And finally in 2004 the combined stores were sold off by Target to the May Department Stores Company along with nine shuttered Minneapolis-area stores from another unit of Target, Mervyn's. The then 62 Marshall Fields stores went for US$3.25 billion, a price that financial analysts considered very full. Subsequently, in 2005, May was purchased by Federated Department Stores.

Related Topics:
Target Corporation - May Department Stores Company - Mervyn's - Federated Department Stores

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

In 2004 prior to its acquisition by May Department Stores Co., Marshall Field's had about 25,000 employees in 62 stores. It operated in the states of Illinois, Indiana, Michigan, Minnesota, North Dakota, Ohio, South Dakota, and Wisconsin. May Company subsequently shuttered stores at Kirkwood Mall in Bismarck, North Dakota and Glenbrook Square in Fort Wayne, Indiana.

Related Topics:
May Department Stores - Illinois - Indiana - Michigan - Minnesota - North Dakota - Ohio - South Dakota - Wisconsin - Bismarck, North Dakota - Fort Wayne, Indiana

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The end of the brand was apparently heralded on September 20, 2005 when Federated Department Stores announced it would retire the name Marshall Field's by the fall of 2006 and rebrand all Marshall Field's stores as Macy's. The rebranding decision was greeted with mixed reactions, particularly in the Midwest. Newspaper articles and editorials reported concerns of many customers that particular traditions, services, and products unique to a store or region would be lost. Thousands signed an online petitionhttp://www.keepitfields.com to retain the old identity.

Related Topics:
September 20 - 2005 - 2006 - Macy's - Midwest

~ ~ ~ ~ ~ ~ ~ ~ ~ ~