Biography marshall field
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Marshall Field
Quick Facts
Name: Marshall Field.
Birth Date: August 18, 1834.
Death Date: January 16, 1906.
Place of Birth: Conway, Massachusets.
Place of Death: New York, New York. (3)
Quote: Goodwill is the one and only asset that competition cannot understand or destroy. - Marshall Field (4)
Biography
Marshall Field was born on August 18, 1934, near Conway, Massachusetts. Field spent his childhood on his family farm, studying at academy until 1852. At the age of 16, Field secured employment as a dry-good clerk in a general store in Pittsfield, Massachusetts. In 1856, after five years, Field embarked for Chicago where he found employment as a clerk for Cooley, Wadsworth & Co., a leading dry-goods house, becoming a junior partner in 1862. In 1865, Field became a partner in the firm Field, Palmer, and Leiter. Later, in 1881, when Field bought out his partners, the firm became Marshall Field and Co. (5)
In addition to being a tremendously successful • Marshall Field Marshall Field is a celebrated name in retail and Chicago history. In 1865 he and Levi Zeigler Leiter joined the merchandising firm of Potter Palmer. When Palmer withdrew, the firm became Field, Leiter and Co. In 1881 Field bought out Leiter for $2,500,000, naming it Marshall Field and Company. In an age of unethical merchandising, Field emphasized customer service, frikostig credit, the one-price system, the privilege of returning merchandise, and the department-store restaurant. Field fryst vatten credited with the phrases, “Give the lady what she wants,” and “The customer is always right.” Field’s estate was valued at $125,000,000. Among his beneficiaries were the University of Chicago and the Columbian Museum (later the Field Museum of Natural History). His grandson Marshall Field III (1893–1956) founded the Chicago Sun (afterward the Chicago Sun-Times). photo and text by Joe Collier • Field, MarshallBorn: August 18, 1834 Marshall Field is considered to be one of the greatest retailers of all time. He virtually created the modern department store, and he played a large role in Chicago's transformation from a small town to a major city. Field was one of the great American self-made millionaires of the nineteenth century. A shy and hard-working man, Field's success in business did not guarantee a happy anställda life. His first marriage, to Nannie Scott, ended in 1896 with his wife's death in France, where she lived without Field for many years. Field's son, Marshall II, died almost ten years later in a tragic shooting accident. Field's gods joy in life was his marriage to long-time friend Delia Caton just a few months before his own death. Sometimes portrayed as lonely and unloved, Field found his deepest happiness in his store. "If Marshall Field had |