Marshall Field's
Marshall Field & Company traces its antecedents to a dry goods store opened at 137 Lake Street in Chicago, Illinois in 1852 by Potter Palmer, (1826–1902), eponymously named P. Palmer & Company. In 1856, 21-year-old Marshall Field (1834–1906) moved to the booming midwestern city of Chicago on the southwest shores of Lake Michigan from Pittsfield, Massachusetts and found work at the city's then-largest dry goods firm – Cooley, Wadsworth & Company. Just prior to the American Civil War, in 1860, Field and bookkeeper Levi Z. Leiter, (1834–1904), became junior partners in the firm, then known as Cooley, Farwell & Company. In 1864, the firm, then led by senior partner John V. Farwell, Sr., (1825–1908), was renamed Farwell, Field & Company. only for Field and Leiter to soon withdraw from the partnership with Farwell when presented with the opportunity of a lifetime.
Dayton's
Dayton's was the parent of Target, opening the first Target in 1962 as the discount store version of Dayton's. Target quickly grew to become the majority of the company's business. In 2000, Dayton–Hudson was renamed Target Corporation. In 2004, Target finally divested its department store division to focus on discount retailing. May Company purchased the stores prior to its own acquisition by Federated Department Stores, which rebranded all the Marshall Field's stores as Macy's. Many Minnesotans have resisted the double name change, and continue to refer to "Dayton's" when speaking of the stores in Southdale, Rosedale, Ridgedale and the flagship downtown Minneapolis location, now closed.