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.
Target Corporation
In January 2000, Dayton-Hudson was renamed the Target Corporation; between 75 and 80 percent of Dayton-Hudson's sales and earnings were coming from Target while the department stores were used to fuel its growth. It also separated its e-commerce operations from its retailing division and combined it with Rivertown Trading into a standalone subsidiary called target.direct. The following year, the Dayton's and Hudson's stores were rebranded under the Marshall Field's name. The company sold Marshall Field's to May Department Stores in June 2004 and sold Mervyn's to an investment consortium including Sun Capital Partners, Cerberus Capital Management, and Lubert-Adler/Klaff and Partners, L.P that September. In 2005, Target began operation in Bangalore, India. In 2006, Target completed construction of the Robert J. Ulrich Center in Embassy Golf Links in Bangalore, and Target planned to continue its expansion into India with the construction of additional office space at the Mysore Corporate Campus and successfully opened a branch at Mysore.