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Saturday, November 21

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One of the quintessential Chicago landmarks is the State Street Marshall Field's department store. Yet the store (and the Marshall Field's store chain) hasn't been locally owned for a long time. It's recently been owned by the St.-Louis-based May Department Stores Company, and now May has been bought up by Cincinnati-based Federated Department Stores Inc., owner of the Macy's and Bloomingdale's stores. The business experts quoted in the above Tribune story seem equally divided between the possibility that Marshall Field's stores will be converted to Macy's stores, and the possibility that the Marshall Field's name will be kept due to its historic value. Marshall Field must be spinning in his grave.

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