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.
Marshall Field's
In 1901, Marshall Field & Company, previously a private partnership, was incorporated. Spurred on by Selfridge, Marshall Field razed the three buildings north of it, which had been occupied since 1888, as well as the Dankmar Adler, (1844–1900), and Louis Sullivan, (1856–1924),-designed 1879 Central Music Hall at the southeast corner of State and Randolph Streets in 1901. In their place rose a massive, twelve-story building fronting on State Street in 1902, including a grand new entrance. In 1906, a third new building opened on Wabash Avenue north of the 1893 structure, which was then the oldest part of the store.