Marshall Field's
The former flagship Marshall Field and Company Building location on State Street in the Loop of downtown Chicago was officially renamed "Macy's on State Street" in 2006 and is now one of four Macy's flagship stores.
Marshall Field's
Marshall Field died on January 16, 1906 in New York City. On the day of his funeral, all the stores along State Street, big and small, closed and the Chicago Board of Trade suspended afternoon trading in his honor. The board of Marshall Field and Company appointed John G. Shedd, (1850–1926), whom Field had once called "the greatest merchant in the United States", to serve as the company's new president. Shedd became head of a company that employed 12,000 people in Chicago (two-thirds of them in retail) and was doing about $25 million in yearly retail sales in addition to nearly $50 million in wholesale.