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
Field, the store he created and his successor John G. Shedd, helped establish Chicago's prominence throughout the world in business, art, culture, and education. The Art Institute of Chicago, the Field Museum of Natural History (as renamed in 1905 for its first major benefactor), the Museum of Science and Industry, the John G. Shedd Aquarium and the University of Chicago have all been aided by the philanthropy of Marshall Field's. Marshall Field was also a major sponsor of the 1893 World's Columbian Exposition.