Field, Marshall

21 ENTRIES FOUND:

Field, Marshall

biographical name

(born Aug. 18, 1834, near Conway, Mass., U.S.—died Jan. 16, 1906, New York, N.Y.) U.S. department-store owner. Born on a farm, he became an errand boy for a dry-goods store at age 16. He moved to Chicago and was hired in 1856 by a mercantile house, in which he later attained full partnership. In 1867 he and a partner bought the merchandising firm they had joined two years earlier, and in 1888 he bought out his partner, creating Marshall Field and Co. In his store Field emphasized customer service, liberal credit, the one-price system, and the acceptance of returned merchandise. His department store was the first to have a restaurant for shoppers.

This entry comes from Encyclopædia Britannica Concise.
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