fieldfanschicago.org


We welcome thoughtful comments and respectful opinions that help make the case for the restoration of Marshall Field's to State Street and elsewhere. Off-topic, obviously incorrect, disrespectful or abusive posts will removed at the host's discretion, although an attempt will be made to contact the author, assuming a valid email address is provided with the post. The ethos is conversational--corrections are welcomed. Differing or opposing views are welcome and such posts should respect that this is a blog for opinions of Field's supporters. Due to problems with spam attacks--some even from those opposed to our cause--during certain periods, posts are moderated. As a result, it may take up to seven days for your post to appear, but usually it will take less than a day, and sometimes even immediately. Thank you for your patience, support, and written contributions.


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FIELD'S OF THE FUTURE:
A 21st-Century Marshall Field's For A 21st-Century Chicago

Review why a revived and reinvented Marshall Field's make more sense than ever today and in the century to come..


2012: FOUR OUT of FIVE CHICAGO SHOPPERS STILL PREFER MARSHALL FIELD'S OVER MACY's
Our latest survey shows 78% want Marshall Field's--14% prefer Macy's.

See our 2012 Survey Page for complete details including survey results.



Our blog is on hiatus but will return the fourth week of July 2018. But of course, if there is any immediate news bulletin, we'll be back sooner.

Thank you for your support and here's to the once and future Marshall Field's!


Date: Thurs, June 28, 2018, 19:55
Posted by: gle,

LOVE THE PHOTOS!


Date: Thurs, June 28, 2018, 11:32
Posted by: robert braeckmans,

It was good to see people out at the parade.

My husband and I were Field's employees and we still miss it!


Date: Thurs, June 28, 2018, 11:32
Posted by: braeckmans robert,

Time to bring back Marshall Field's, indeed!


Date: Thurs, June 28, 2018, 08:30
Posted by: Becky Ford,

Cool to see the sujpport!


Date: Mon, June 25, 2018, 20:40
Posted by: Jim McKay,

Here's over two dozen more photos from yesterday's Chicago Pride Parade 2018. People more than ever want Marshall Field's to come back to State Street.

Keep in mind that these photos were taken after people approached us! We were also walking on the sidewalk BEHIND the backs of the parade viewers. If we have to do this next year, maybe we'll go out before the parade so more are aware of us.

In all, we gave out over 1200 pin-on buttons. Our button program started in a few phases. First, Gail H. printed and distributed "Forever Marshall Field's" lapel stickers back in the Spring 2006. Then a new wave of the Pin-on buttons started when Field's leafleter Doris Ray started the pin on buttons in late 2006. She took some money she had earmarked for car repairs and spent them on 200 "I WANT MY MARSHALL FIELD'S" pin on buttons. She was so generous and selfless. Since them dozens of you have paid for more buttons, including especially Gail, Gayle, Alfred, John, Zelda, and many, many more.

I mention all this because we have not seen or heard from Doris in about a decade. I'm happy to report that while I was passing out buttons at the parade, I was approached by a friend of Doris! If you wish more details, please email me privately at jjmckay at me dot com. Send her prayers.

Below are thumbnails of the best of yesterday's photos--be sure to look for our new lime green pin-on buttons:

Thanks to all who made it possible, especially Doris Ray.


Date: Mon, June 25, 2018, 20:23
Posted by: gle,

I am so glad Field's Fans were able to be at the Pride event on Sunday. Love our new mint green "Time to Bring Back Marshall Field's "buttons! I've got one on my desk at work.


Date: Mon, June 25, 2018, 11:10
Posted by: STAN LOOK,

BEST WAY TO HAVE GOOD AMOUNT TO START A GOOD BUSINESS OR TO START LIVING A GOOD LIFE�..

Hack and take money directly from any ATM Machine Vault with the use of ATM Programmed Card which runs in automatic mode. email (stanlookman@gmail.com) for how to get it and its cost .


Date: Sun, June 24, 2018, 12:22
Posted by: Peter kay,

I have some Marshal Fields shopping bags and a few Frango boxes I'd like to give to another MF Fan. I'm keeping some items I have for myself but have way more than I need and we downsized houses. I live just west of Grand and Harlem. Thank you.


Date: Sun, June 24, 2018, 12:20
Posted by: Peter kay,


Date: Tues, June 19, 2018, 19:55
Posted by: Mary Anne,

Wish Field's was back! Macy's can't compare!


Date: Tues, June 19, 2018, 19:44
Posted by: Jim McKay,

JOIN US AGAIN THIS YEAR as we distribute pin-on buttons and take selfies supporting Marshall Field�s return to State Street. It�s a little different than when we stand underneath the clock � The crowd is a bit more energetic--but email me at jjmckay AT me DOT com if you would like to help. Just as a little test for this brightly-colored, very festive event, we�re going to give out 1,000 lime-green pin-on buttons this time.

It's often forgotten that one of the first gay-friendly employers in Chicagoland was Marshall Field's. Even back over 70 years ago, Marshall Field's, along with salons, bath houses, and interior design studios were among some of the very few places gay people could work, be out and not fired. More than a few long-term gay couples met while working at Marshall Field's. Marshall Field's was a pioneer in gay culture.


Date: Tues, June 19, 2018, 19:43
Posted by: Steve G,

RE: The photos of Field's 2003-2005:

I can't tell you what the motivation was at the corporate level at TGT, but I can tell you, in the furniture division, where I worked, we were 100% dedicated to moving the history and the integrity of the Marshall Field's brand into the future.


Date: Tues, June 19, 2018, 19:43
Posted by: Jim McKay,

Amazing photos here of Marshall Field's comeback Branding circa 2003-2005.

https://wink-mpls.com/2015/wp-content/uploads/2015/08/Marshall_Fields_hero.jpg

More....https://wink-mpls.com/work/marshall-fields-logo/


Date: Tues, June 19, 2018, 19:42
Posted by: Steve G,

Regarding Trend House: I personally lost a lot of sleep making sure that things like light fixtures and accessory details made it to the Trend House in time for the gala openings. The entire furniture division loved Trend House. We even built one at Southdale in Minnesota, it was such a great way to support our very successful interior design studio.


Date: Tues, June 19, 2018, 19:41
Posted by: Jim McKay,

Many people forget about Trend House. This is where Marshall Field and Company really excelled. In the Elle article below, you�ll find more than a few examples of Marshall Field setting the trend for furniture. That�s something Macy�s really does not do.

THE BIGGEST DECOR TRENDS THE YEAR YOU WERE BORN

Some ideas were surprisingly ahead of their time, while others haven't exactly aged well.

https://www.elledecor.com/design-decorate/trends/g3089/decor-trends-year-you-were-born/


Date: Tues, June 19, 2018, 19:40
Posted by: Jim McKay,

Garrett Popcorn's Frango brand is celebrating 100 years.

Happy birthday! 🎂🎉🎊🎈🍧👍(Of course, the Frango dessert was invented 12 years after Marshall Field�s passing; the mint meltaways we all know & love 💚💚💚didn�t come about until later in the 1920s�most agree just weeks or a few months before Frederick & Nelson decided to sell itself to Marshall Field & Company.


Date: Tues, June 19, 2018, 19:40
Posted by: Jim McKay,

It�s not healthy for our blog to often feature non-Field�s-related posts, but occasionally an outside example demonstrates what we�re trying to achieve here. In this case, the folks behind the grassroots group to save and restore Michigan Station in Detroit have given us advice and inspiration in our quest to restore Marshall Fields as both a name and a type of store on State Street. It�s been 30 years since Michigan Station closed, and now it�s about to come back to life, thanks largely to the efforts of a grassroots group like ours. The station has been on the brink of death and destruction more than a few times. Of course, the cynic in me points out that it�s reuse is not 100% what people would�ve expected--so far it�s not going to be a train station again. Tangentially, I would like to point out that we�ve heard from more than a few people, most significantly some former Minneapolis folks, that our efforts have indeed made a difference, putting the brakes on what could have been a much sadder story at State Street. Thanks for being a part of our quest bring back Marshall Fields and name and spirit at State Street.

How Ford plans to resurrect the train station


Date: Sat, June 16, 2018, 16:54
Posted by: Jim,

Michael B.

Thank you for comments. Actually, it's what we have largely been saying.

You wrote:

---snip---

"Someone mentioned Selfridges. Remember, Selfridges does not have a ton of locations. They have one store in all of London, and that is in central London. They have not diluted their brand or stores by opening a ton of branches in every little mall or location.

I think this may be the key to North American stores, where they have to go back to operating one, good, high quality flagship in the downtown."

--snip--

YES! Not just someone but hundreds --thousands?-- of people have mentioned. Check out our front web page. Moreover, we are advocating for one world-class Marshall Field's.


Date: Sat, June 16, 2018, 09:21
Posted by: Michael B ,

Concerning Lord & Taylor, it should be noted that the Hudson's Bay Company currently has a shareholder who is only interested in the company selling off prime real estate, and he does not seem to care about the retail business Hudson's Bay operates. This is likely the reason behind the closure of the flagship store in Manhattan.

This same shareholder has wanted them to sell off the Saks Fifth Avenue store in Manhattan and convert it into condos or something, just to get a one time cash infusion for their stock prices.

The company is also sadly selling or looking at selling and then leasing back their flagship stores in Canadian cities. They already sold the flagship store in Toronto and lease back the space, and they are now looking at selling the Vancouver flagship and leasing back the space.

This is all for a money grab and is sad, given the company has owned many of these stores for 100 years or more.

It should be noted that Hudson's Bay's Canadian department stores are doing well, and sales are increasing. However, the American brands they bought are dragging the company down.

Someone mentioned Selfridges. Remember, Selfridges does not have a ton of locations. They have one store in all of London, and that is in central London. They have not diluted their brand or stores by opening a ton of branches in every little mall or location.

I think this may be the key to North American stores, where they have to go back to operating one, good, high quality flagship in the downtown.


Date: Fri, June 08, 2018, 15:10
Posted by: Ben, Hampshire, IL,

That's very interesting about the different values of names like Marshall Field's, Lord and Taylor, and on and on.

Everyone loved Field's!


Date: Thurs, June 07, 2018, 18:50
Posted by: Jim McKay,

Thanks for posting Eric. I read that editorial on line earlier today but somehow I missed that!! I wouldn't have seen it had you not posted.

A response was issued from @FieldsFansChgo account on Twitter at 3:19 pm today:

@FieldsFansChgo

Replying to @chicagotribune @Trib_ed_board

"MarshallField's became Macys because creative destruction is a key attribute of free enterprise In that spirit, stockholders at the annual Macy's meeting 3 weeks ago in Cinci complained about loss in value from "creative destruction" of MF's up to $419M according to estimates


Date: Thurs, June 07, 2018, 11:23
Posted by: Eric B,

Here is a quote from an editorial in today's Chicago Tribune, lamenting the newspaper's move from the iconic building which it has occupied since 1925:

"Sure, it would be nice if the Tribune stayed at 435 N. Michigan Ave., just as it would be nice if Marshall Field & Co., beloved as it was, existed today. But it became Macy's because creative destruction is a key attribute of free enterprise."

Link to full editorial:

http://www.chicagotribune.com/news/opinion/editorials/ct-edit-tower-tribune-mccormick-chicago-20180606-story.html


Date: Tues, June 05, 2018, 15:43
Posted by: Jim McKay,

Regarding Steve G's item about Lord and Taylor closing its flagship, despite its legendary name, Marshall Field's has been much more valuable than Lord and Taylor.

At the time of the May Department Stores merger, Lord and Taylor PLUS 12 other May names, including the likes of Foley's, Filenes, Famous, etc, plus the bridal business names were valued in official SEC 10K filings with a total of less than $190 million COMBINED. By comparison, Macy's, Bloomingdale's and their tradenames (retired department store names, INC, Alfani, etc) had an official, combined value of $377 million. Also: Marshall Field's trade names (not including Dayton's and Hudson's) were legally valued at $419 Million, although unofficially, some put this number closer to $330M.


Date: Tues, June 05, 2018, 12:15
Posted by: Steve G,

Lord and Taylor now entirely closing its Fifth Avenue flagship. Very sad. Without these flagships, the chains lose their identity. When Macy's closed Lord and Taylor at Water Tower, it was in part assumed that it was also to send business to a languishing Macy's that lost business after it dumped Field's. But Lord and Taylor became an "also-ran" in Chicago after that. I'm sure the whole Lord and Taylor chain will be gone soon, just like how the loss of Carson's on State eventually resulted in Carson's going-out-of-business. I know some here wanted Hudson's Bay to buy Field's on State Street, but I'm grateful that they did not just because of this example.

Hudson's Bay to close up to 10 Lord & Taylor stores, including Fifth Avenue in New York

https://www.usatoday.com/story/money/2018/06/05/hudsons-bay-lord-taylor-stores-nyc-fifth-avenue/672197002/


Date: Mon, June 04, 2018, 19:36
Posted by: gle,

It looks like Selfridge's is the only store in the world that is thriving. Whatever they are doing right, we could use it on State Street in Chicago.


Date: Mon, June 04, 2018, 14:49
Posted by: Jim,

"2005

Macy's buys Field's; Sears and Kmart are mushed together. Neither works out too well for Chicago. "

Crain's Chicago Business is observing it's 40th Anniversary. The piece below has a year-by-year timeline of major events including the 2005 item above.

Also featured is the premier issue with a 1978 headline about Field's opening in Northbrook and Dundee and another reference to Field's being gone, as well as photo showing Carson Pirie Scott's plaque as part of a Chicago flood photo.

BTW: I've heard on multiple occasions that Marshall Field's becoming Macy's was supposedly the top topic ever in the 10-year-plus history of the now-moth-balled "Chicagoist" news site.

http://www.chicagobusiness.com/article/20180601/ISSUE01/180539959/crains-chicago-business-marks-40-years-of-chicago-business-news?utm_medium=Social&utm_source=Facebook&utm_campaign=SocialFlow


Date: Mon, June 04, 2018, 14:48
Posted by: Jim,

We had a little bit of a hiccup where you couldn't post since Friday evening. Things should now be functioning again where you can post. Thanks for your patience!

--Jim


Date: Thurs, May 31, 2018, 19:23
Posted by: Michael D.,

The new book, "What's With Chicago" has a spread on the Marshall Field and Company Great Clocks.


Date: Thurs, May 31, 2018, 19:22
Posted by: Bob C,

To me, the best part of Selfridges recognition as world's best department store is remembering Selfridges in the 1980's as a very mid-market store in a building that felt worn and not cared for.

It shows that with investment and focus, a store can bounce right back to the very top of the industry versus here in the US where it seems it's only been slow steadily declines for our great flagship stores with the possible exceptions of John Wanamaker and RH Macy buildings which seem to have not just stabilized but even growing again.


Date: Tues, May 29, 2018, 16:43
Posted by: Jim McKay,

LONDON, Friday 25th May - At the Global Department Store Summit held this week in London (GDSS2018), the Intercontinental Group of Department Stores (IGDS) announced last night that Selfridges has been recognised as the Best Department Store in the World for an unprecedented fourth time, and will retain the honour until 2020.

http://press.selfridges.com/story/selfridges-reclaims-title-best-department-store-world#

It's too bad that Selfridges Group doesn't also run Marshall Field's on State Street...


Date: Sun, May 27, 2018, 17:38
Posted by: Jim McKay,

Word comes from our friends at Michigan Station Preservation that Detoit's Metropolitan Building is being revived with the first steps of new windows being installed. The building has been vacant since 1977; just a few years ago, demolition seemed a certainty.

Meanwhile, Michigan Station is being considered as a new headquarters for Ford. New windows have been installed.

So hope springs eternal and you never know what could change...


Date: Sun, May 27, 2018, 17:35
Posted by: Michael D.,

(Posted to FB on May 26):

The Chicago Tribune's new book, "Chicago Flashback," features Marshall Field's and State Street.


Date: Sun, May 27, 2018, 17:33
Posted by: Jim McKay ,

(Posted to FB on May 23):

The culture at Federated aka Macy's, Inc., parent of Bloomingdale's that acquired R.H. Macy & Co out of bankruptcy in 1994 has had a long-time, firmly-entrenched culture of long-times who stay decades and avidly support consolidation under the Macy's name and ethos. There's good and bad to that in general and from the perspective of Marshall Field's return. But more and more, the senior management is outsiders.

While CEO Jeff Gennette and Bloomingdale's President Tony Spring have spent practically all of their past 30+ years at Federated/Macy's, Inc, others are now outsiders. The new General Counsel is from OfficeDepot; the President of the Macy's division is from eBay. The guy who heads development from Home Depot. Now the new CFO comes from Peapod and CVS. Maybe the culture will change.

The outgoing CEO Karen Hoguet, at Federated for over 35 years, has been insistent on Field's not coming back, perhaps as much if not more than Terry Lundgren. At the same time, Hoguet is very well respected in financial circles for keeping Macy's out of debt. Debt has been a big issue for companies like Toys R Us and Bon-Ton/Carson's.

Ms. Price has been a financial officier at the US offices of Europe's Ahold which many of you will recognize for its grocery business names Peapod (grocery delivery Chicagoland and East coast), Stop & Shop (New England, NYC area), and Giant (Giant Carlisle-Pennsylvania and Giant Landover elsewhere in theMid-Atlantic). She is also a lecturer at Harvard.

Update with more information:

She's actually lived in Chicago for a time with a Bachelors from DePaul and a Masters from University of Chicago--so I'm sure that she knows Marshall Field's. But don't get too excited. The longest members of Federated/Macy's, Inc.'s board (for over two decades) and biggest proponents of getting rid of Field's spent a year or two as President of Illinois Institute of Technology in the late 1980s. And see what happened...

BIZJOURNALS.COM

Macy's names new chief financial officer, replacing retiring Cincinnatian Karen Hoguet - Cincinnati Business Courier

Cincinnati-based department store chain Macy's Inc. has named a new chief financial officer, replacing retiring Karen Hoguet, the highest-ranking executive in the Queen City office.

https://www.bizjournals.com/cincinnati/news/2018/05/23/macys-names-new-chief-financial-officer-replacing.html


Date: Sun, May 27, 2018, 17:27
Posted by: Michael B,

I picked up a 1925 trade journal on ebay called Chicago Merchant Economist and Dry Goods Reporter. It features a Marshall Field wholesale ad encouraging merchants to come to Chicago the week of November 30-December 5, 1925, extolling the special discounts that will extended to wholesalers.


Date: Sun, May 20, 2018, 17:29
Posted by: gle,

GREAT PHOTO! I LOVE THE CUBS SIGN TOO!


Date: Sun, May 20, 2018, 15:56
Posted by: Alfred ,

💚💚💚💚💚💚💚


Date: Sun, May 20, 2018, 15:55
Posted by: Heather B.,

I absolutely love the Cubs sign!


Date: Sun, May 20, 2018, 15:55
Posted by: Timothy E.,

Sorry I can't be there with you. Wishing you guys all the best (at the stockholders meeting in Cincinnati)!


Date: Fri, May 18, 2018, 2:00 pm
Posted by: Jim McKay, Cincinnati

Thank you to all who helped make today activities at the Macy's stockholders meeting in Cincinnati possible, especially Frank and Bernice. I made some brief comments on why it matters to Macy's stockholders and customers alike to have Marshall Field's return to State Street. Afterwards, three of us held a mini rally in front of Macy's/Bloomingdale's/Bluemercury headquarters. See the photo below. I will comment more over the weekend.


Date: Thurs, May 17, 2018, 21:35
Posted by: gle,

THANK YOU TO THOSE WHO WILL TRAVEL TO MACY'S SHAREHOLDER MEETING TOMORROW MAY 18 TO CONTINUE TO FIGHT FOR FIELD'S. YOU ARE AMAZING!


Date: Wed, May 16, 2018, 19:35
Posted by: Jim McKay,

This morning's Q1 2018 Conference call with Macy's Chairman and CEO Jeff Gennette and outgoing CFO, Karen Hoguet did not mention Marshall Field's specifically. However, they did say on several occasions that the tourist stores and tourism sales are doing a lot better than they have in quite a while, up by 10% if I heard correctly. Macy's really did exceptionally this pasty quarter, beating all estimates, seemingly surprising even themselves with positive business every week.

Mr. Gennette also said that Macy's was very focussed on experience. I ask, what better experience is there than Marshall Field's? Most all of Chicago wants Marshall Field's back at State Street.

Here are a couple of articles from the Wall Street Journal that sum things up:

Macy's: A Miracle on 34th Street?

The department store once again exceeded expectations in the face of skepticism

https://www.wsj.com/articles/macys-a-miracle-on-34th-street-1526483970

----

Macy's Shows Signs of Life After Prolonged Slump

Strong quarterly sales prompts the retailer to lift its earnings guidance

https://www.wsj.com/articles/macys-shows-signs-of-life-after-prolonged-slump-1526476736

One reader comment with the most "likes" as of this posting--a little harsh but discusses Marshall Field's:

--begin reader comment--

Mike DonovanSUBSCRIBER

8 hours ago

I thought when Macy's acquired Marshall Fields they woudl be smart enogh to terminate the nitwits at Macy's and install Fields personnel and buyers.

Unfortunately I was disappointed. Thus we have another "strategy" that will resolve nothing.

By the way has anyone ever actually found a "sales person" in Macy's?

--end reader comment--


Date: Wed, May 16, 2018, 19:25
Posted by: Steve G., (from FB, 5/10/18),

Does anyone remember when Charles, 9th Earl Spencer visited State Street? We ran an event with the Althorp Living History Collection when I was a furniture team buyer. It was a spectacular event! The collection was featured at the base of the then recently-completed staircase up to the 9th floor.


Date: Wed, May 16, 2018, 19:23
Posted by: Jim McKay, (from FB, 5/10/18),

People have asked me questions about the remodeling at State Street. The staff at the store will be glad to tell you about it.

As I understand it, the area where the new lobby including new elevators to upper floors eight and higher for the new office and work space will be located in the south end of the former Holden Court area which is now an atrium. It's also the area where the Choose Chicago vistor's center (From circa 2015) was located on the lower level, where the old Field's visitors center was located on the first floor (with the big light up clock) and where the Burnham fountain was. Towards the south, this is were Holden Court used to be and most recently Chanel fragrances. The visitor center has moved to Randolph/Wabash, by the Randolph entrance opposite men's underwear and online order pick up. Altering this space, the former Holden Ct/new atrium area, does not require approval from historic preservation groups and agencies because it is not part of the land marking, and that's because it's less than 30 years old. The Burnham fountain is in storage but will make a comeback in another part of the store.


Date: Wed, May 16, 2018, 19:18
Posted by: Jim McKay, (from FB, 5/2/18),

re: Macy's is bringing Backstage shopping concept to Chicago

Mary Anne Razim-Fitzsimons: yes, Macy's is iconic in New York, but as a middle tier, less classy store. And anybody in New York who knows about Marshall Fields, knows that it was a much better store. In fact, a huge reason why I got involved in the cause was that when it was announced that State Street was becoming Macy's, I was at a wedding in New York City. All the New Yorkers kept coming up to me, to say how sad they were that Marshall Fields was becoming Macy's. As a couple of people put it, we don't care for your sports teams, but we sure preferred Marshall Fields.


Date: Wed, May 16, 2018, 19:18
Posted by: Mary Anne R., (from FB, 5/2/18),

re: Macy's is bringing Backstage shopping concept to Chicago

Macy's is iconic in New York. In Chicago it's just an interloper.


Date: Wed, May 16, 2018, 19:17
Posted by: Jeannie W., (from FB, 5/2/18),

re: Macy's is bringing Backstage shopping concept to Chicago

So Macy's Backstage will offer "value, newness, a special treat for yourself". Field's used to have an entire store that did just that.


Date: Wed, May 16, 2018, 19:17
Posted by: Michael D., (from FB, 5/2/18),

re: Macy's is bringing Backstage shopping concept to Chicago

Keep thinking they'll add one to State as part of their renovations. Already an Off Fifth and Rack practically across the street.


Date: Wed, May 16, 2018, 19:16
Posted by: Mike P., (from FB, 5/2/18),

re: Macy's is bringing Backstage shopping concept to Chicago

At River Oaks, its only Macy's and JC Penney as the anchor stores..I only know of a handful of chain stores at RO anymore....so in a way this does not surprise me....(and the only reason I go to River Oaks is to go to FYE which I am surprised is still there too)


Date: Wed, May 16, 2018, 19:16
Posted by: Jim McKay., (from FB, 5/2/18),

Macy's is bringing Backstage shopping concept to Chicago

https://www.bizjournals.com/chicago/news/2018/05/02/macys-is-bringing-backstage-shopping-to-chicago.html

---

Old Orchard and River Oaks (I guess that means River Oaks will stick around for a little longer, if only as a Hail Mary pass. )


Date: Wed, May 16, 2018, 19:14
Posted by: Steve G., (from FB, 5/2/18),

Re: Story on "Story"

James, I'm sure you could tell my response was a little tongue in cheek, but the truth is I believe our management wanted it BAD! We thought we had the chops to run it well, and I think we did. We also thought that being owned by a retailer (DHC) rather than an investment company (BATUS) would be seen as a major plus. The major difference, though, is that we wanted to run it and make it even better, not force it into our pre-determined idea of what a department store was supposed to be. (We had been operating D and H with the motto "Best Store in Town." If you run it with that goal, you might just succeed.


Date: Wed, May 16, 2018, 19:14
Posted by: Timothy E., (from FB, 5/2/18),

Selfridges not getting Field's....Such a tragic play of events.


Date: Wed, May 16, 2018, 19:13
Posted by: Steve G., (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

Jim: I can't imagine a company overpaying for Field's! Oh, wait, the company I worked for also overpaid (according to most of the articles written at the time) for Field's. I'm so glad they did. It was an amazing experience to buy products for Marshall Field's!


Date: Wed, May 16, 2018, 19:13
Posted by: Jim M., (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

According to the Chicago Tribune on May 6, 2004, Selfridges was quietly one of the three bidders for Marshall Field's when it was for sale by Target. Federated/Macy's/Bloomingdale's was another of the bidders and of course May Department stores was the third bidder. It's rumored that May Department Stores bid perhaps 30% more than what the value was. This caused the other two to drop out. Some claim May Department Stores overbid just so they could own Field's and therefore make their whole company attractive to Federated as a takeover or merger when they would otherwise would not be. Of course, Federated did in fact announce the merger/acquisition with May nine months after they bought Field's.

Meanwhile, Columbia University's director of retail studies has this to say:

https://finance.yahoo.com/video/fmr-sears-canada-ceo-retail-174200729.html


Date: Wed, May 16, 2018, 19:11
Posted by: Marty B., (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

Galen Weston needs to ride in on a white horse.


Date: Wed, May 16, 2018, 19:11
Posted by: Darrid M., (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

(Macy's) will try to make it cheap and destroy it like everything else


Date: Wed, May 16, 2018, 19:10
Posted by: Timothy E., (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

I doubt Macy's would ever consider letting 111 N. State go. They would rather see the store flat-out die and the building re-purposed as yet another 'mixed use' facility, than to see another retailer come in and revive it - especially under the Field's name.


Date: Wed, May 16, 2018, 19:10
Posted by: Jim McKay, (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

I hear you, Marianne, Although sometimes I think the new regime there could leave it alone like Bloomingdale's and it would be relatively better. Still, my hope is that some activust shareholders would see how profitable it would be to Macy's to sell State Street to a better steward. But then again, things could always get even worse


Date: Wed, May 16, 2018, 19:09
Posted by: Marianne, (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

Well said. But having seen how Macy's runs its stores, I no longer want them to be the ones to restore Field's.


Date: Wed, May 16, 2018, 19:09
Posted by: Steve G, (from FB, 5/2/18),

Re: Story on Macy's acquiring Story:

Interesting, but not really a new concept. At my department store, we had themed merchandise promotions frequently. As a merchant, I always understood the importance of assortments that told a story, and that connected to the consumer on an emotional level. If you don't get excited by my merchandise stories, you won't give me your money. If you fall in love with my merchandise, it's a great relationship.


Date: Wed, May 16, 2018, 19:08
Posted by: Jim McKay, (from FB, 5/2/18),

Macy's Acquires Story: A Small But Bold Move That Could Save The Department Store

https://www.forbes.com/sites/richardkestenbaum/2018/05/02/macys-makes-a-small-but-bold-move/#705516b21109

Golly! All this endless searching around the country and ringing of hands, wondering what would be the next thing customers want when customers have made it loud and clear: millennials, baby boomers, everyone! They all overwhelmingly want Marshall Field's back in name and experience on State Street! It's a no-brainer! There's no need to make all these external acquisitions and and less surveys. Selfridges already runs their store just like Marshall Field's in London. It;sconsidered the most exceptional, successful, and profitable department store in the world right now. Macy's could have the same thing if They brought back Marshall Field's yet they scratch their heads. I think I should go and tell them this at the stockholders meeting, don't you? Maybe executives won't understand, but perhaps some major, influential shareholders will.


Date: Wed, May 16, 2018, 19:06
Posted by: E.C., (from FB, 4/30/18),

I agree, it was a culture change.


Date: Wed, May 16, 2018, 19:06
Posted by: Steve G., (from FB, 4/30/18),

To add to Jim's last comment:

...and a change to a completely different merchandising strategy.


Date: Wed, May 16, 2018, 19:05
Posted by: Jim McKay., (from FB, 4/30/18),

E.C.

Thank you for a great story and, moreover, making Marshall Fields what it was. My only caveat with your post is that it's quite evident it was much more than just a name change. It was a change in ethos.


Date: Wed, May 16, 2018, 19:05
Posted by: Ed L., (from FB, 4/30/18),

Macy's doesn't even belong in the same breath as Marshall Field & Co


Date: Wed, May 16, 2018, 19:04
Posted by: Susan C., (from FB, 4/30/18),

acy's will never recover in Chicago from the name change.


Date: Wed, May 16, 2018, 19:04
Posted by: E.C., (from FB, 4/30/18),

Was digging through my Marshall Field's collection... was digging through my closet and I had several bags saved up.

Interesting memory... I worked in a leased area (Sunglass Hut-State Street) when news broke that Macy's decided to change the name of Marshall Field's, we received a call from Chanel to take down all Chanel sunglasses from the floor within 3 days and send them back and Chanel will stop by and oversee the merchandise sent back including any damaged cases or sunglasses. We were the #2 store in the entire Sunglass Hut chain with Chanel sunglass sales. We sold on average 6-10 pairs a day. Our business took a big hit with the name change, including many people demanding me to cancel their credit cards. Chanel thought of Macy's as inferior. That week after the name change announcement was surreal. I still think Macy's has not fully recovered from this blunder, at least in the Chicagoland area.


Date: Wed, May 16, 2018, 19:01
Posted by: Steve G., (from FB, 5/1/18),

Re: Historic Preservation magazine:

Lance: That's kind of what I meant! :-)


Date: Wed, May 16, 2018, 19:00
Posted by: Lance D., (from FB, 5/1/18),

Re: Historic Preservation magazine:

“Think of a different era...(before Macy's)

“...when Department Stores were exciting.(Unlike Macy's)

Bahahahaha


Date: Wed, May 16, 2018, 18:59
Posted by: Steve G., (from FB, 5/1/18),

"Think of a different era, when department stores were exciting." Not a difficult concept to understand. It wasn't that long ago!


Date: Wed, May 16, 2018, 18:59
Posted by: Michael D, (from FB, 5/1/18),

The Spring Issue of "Preservation, the magazine of National Trust for Historic Preservation, has a page story on the Marshall Field's clock.


Date: Wed, May 16, 2018, 18:58
Posted by: Steve G, (from FB, 5/1/18),

Jim:

Thank you. Field's was certainly a solid business and a strong competitor until it was acquired by Federated Department stores.


Date: Wed, May 16, 2018, 18:57
Posted by: Jim McKay, (from FB, 5/1/18),

Selle, the Tronc-owned Lake County News-Sun:

Carson's joins the roll call of failing retail brands

http://www.chicagotribune.com/suburbs/lake-county-news-sun/opinion/ct-lns-selle-carsons-liquidation-st-0501-story.html

Opinion piece notes that rivalry between Field's and Carson's was muted when Field's became Macy's. I left my own response at the News-Sun FB page and the tronc website comments section.

The loss of Carson's occurred when Bon-Ton closed Carson Pirie Scott's State Street flagship instead of moving back in after the remodel. Without State Street, Carson's no longer had an identity. It became just another mall store. But really, Carson's ended when in 1989-90, it became Bergner's in every way but name.

It should also be noted that at the time that Macy's/Bloomingdale's parent, Federated, merged with May Department stores, the owner of Marshall Field's, the Marshall Field's tradenames were valued at $419M. Macy's/Bloomingdale's tradenames valued at $377M; the other May Department Store Company tradenames, including Lord & Taylor, were valued at $190M ***combined***. This is from Federated's and May Department Store's own Form 10K filings with the Securities and Exchange Commission in 2005 at the time of the merger. As Mr. Selle correctly implies, Field's did not go out of business; in fact, unlike Macy's and Bloomingdale's, Field's never even flirted with bankruptcy,


Date: Wed, May 16, 2018, 18:56
Posted by: Jim McKay, (from FB, 4/30/18),

Re: Wall Street Journal article:

This is another reason why people go online to shop. If you take the trouble to go to the store and then don't find anyone to help Or the help is paid so low that they are not really confident are qualified to offer intelligent assistance, you're better off looking at your Smart phone or buying from your computer.

Marty: I agree in certain ways. Younger generation is relatively uncomfortable with face to face interaction and prefers to text, the artificial semi-fantasy of social media--dealing face to face can be uncomfortable.


Date: Wed, May 16, 2018, 18:55
Posted by: Marty, (from FB, 4/30/18),

Re: Wall Street Journal article:

Not sure the next generation places value on human interaction as related to the delivery of services other than with food and beverage.


Date: Wed, May 16, 2018, 18:51
Posted by: Michael D., (from FB, 4/30/18),

Hello Macy's???

Retail's Other Problem: Too Few Clerks in the Store

Macy's, J.C. Penney and others have cut jobs even more than they have closed stores

https://www.wsj.com/articles/retails-other-problem-too-few-clerks-in-the-store-1525080601


Date: Wed, May 16, 2018, 18:49
Posted by: James McKay., (from FB, 4/27/18),

The 1700 block of Sherman in Evanston, featuring the landmark Marshall Field's store building is listed as one of Illinois most endangered:

Two North Shore Properties on Most Endangered List

The Stran-Steel House in Wilmette and the Varsity Theater Block in downtown Evanston were each identified as vulnerable properties on L...

https://jwcdaily.com/2018/04/25/two-north-shore-properties-on-most-endangered-list/


Date: Wed, May 16, 2018, 18:48
Posted by: Kevin B., (from FB, 4/26/18),

Oh how sad (about the remodel). Thanks for the information.


Date: Wed, May 16, 2018, 18:48
Posted by: Jim McKay, (from FB, 4/26/18),

Beth, (Scroll down a bit and I think there is more info in this blog.) There is all extensive, recent discussion on the "remodeling". The section by the Holden Court escalators and Burnhan Fountain is being remodeled to install elevators for floors 8 and up when it is converted to office rental space. The space between the fountain and Washington Street is not protected as a landmark since it was built less than 30 years ago. That space, including where Chanel was on the first floor will be the new lobby for the office space that is being carved out on floors 8-and up.


Date: Wed, May 16, 2018, 18:46
Posted by: Heather B., (from FB, 4/26/18),

They also have shower curtains!


Date: Wed, May 16, 2018, 18:46
Posted by: Heather B., (from FB, 4/26/18),

Chicago Macy's Marshall Field's Clock In Black And White Tote Bag by Paul Velgos. The tote bag is machine washable, available in three different sizes

FINEARTAMERICA.COM

https://fineartamerica.com/featured/chicago-macys-marshall-fields-clock-in-black-and-white-paul-velgos.html?product=tote-bag


Date: Wed, May 16, 2018, 18:43
Posted by: Jim McKay., (from FB, 4/24/18),

I also wonder how much competition with Macy's Bloomingdale's store in the same mall played into the decline and decision to greatly reduce china, silver, etc at Macy's Old Orchard. I don't understand how Bloomingdale's Old Orchard stays in business. Whenever I go in--weeknights or weekend afternoons, I never count more than 15-20 customers.


Date: Wed, May 16, 2018, 18:41
Posted by: Timothy E., (from FB, 4/24/18),

Steve - re. Denby and 'casual' china... it was a no-win situation for the legacy manufacturers, because quality 'casual' dinnerware can cost almost as much as the formal stuff. So, for the folks who just wanna keep things 'casual', why bother with paying the prices that Lenox or Dansk or Villeroy & Boch are asking when they can find cheap, colorful options at Target or World Market, etc.?

Mikasa seemed to have been the one brand that managed to 'get it right' with good quality casual dinnerware at a 'fair' price.

Kevin Brennan - I have seen it, many times over the past several years. It keeps shrinking and shrinking and......

But see, here's the thing that seriously gets my blood boiling. Macy's has no clue - *no clue* - how to actually GROW a business let alone a department. They're not 'active' merchants (who actually know how to SELL stuff), they're passive retailers - too frightened (or just plain clueless) to do as Steve put it earlier, "own" the category.


Date: Wed, May 16, 2018, 18:40
Posted by: Steve G., (from FB, 4/24/18),

Timothy Eischen: ...or the Nachtmann or the Schumann...


Date: Wed, May 16, 2018, 18:39
Posted by: Steve G., (from FB, 4/24/18),

Timothy: being a showroom for catalog and internet sellers became a problem for us as early as the 90's in furniture. That, unfortunately is largely due to the vendors not protecting their brands. Many of them did not value or protect their long-standing partners and opened distribution to new channel which in many cases led to a dilution of their brand and erosion of price.


Date: Wed, May 16, 2018, 18:39
Posted by: Tim E., (from FB, 4/24/18),

Steve - Yep. And those are all trends that I, personally, am oh-so-sick of - ! I can never understand how anyone would *not* want a big, beautiful china cabinet - I mean, where else are you gonna store all the Limoges and St. Louis....??!


Date: Wed, May 16, 2018, 18:39
Posted by: Steve G., (from FB, 4/24/18),

Timothy...the rise of casual...it was a great opportunity in tabletop for brands like Denby, and a chance for our traditional vendors to try to branch out, but it's a hard niche to create value in. It was also really hard on Men's tailored and also in Furniture, we saw a huge shift in Dining Room...very much away from big china cabinets and formal tables and chairs to more casual sets and multi-purpose entertaining pieces like bars.


Date: Wed, May 16, 2018, 18:38
Posted by: Tim E., (from FB, 4/24/18),

Another problem with actually stocking fine tabletop in-house is that time and time again customers would come into the store to see first hand all the different patterns, and then went home to buy it from any number of on-line sources. It costs stores a lot of money to stock and staff departments like that, and if folks aren't willing to pay the higher price that enables the store to maintain such a department, then it's doomed to disappear. Can't say I entirely blame the customer if she / he can find the same item at 40% less on eBay - but it's a shame to lose such wonderful departments. They showcased the variety of options that are out there, and educated consumers in all the various options that exist for refined living.

Steve Grobe - Agreed. A big factor has been that for 30+ years our society has been moving relentlessly in the direction of being ever more 'casual' - the whole generational mind-set that says "why bother with all that fuss...?" But these things are cyclical, and I sense there's an increasing appreciation for finer things lurking just over the horizon. When I entertain formally at home (which is fairly often), my younger friends are all thrilled. It's my guests of the generations older than me that chuckle and almost condescendingly scoff and ask me why I am going to all the "bother"!


Date: Wed, May 16, 2018, 18:37
Posted by: Jim M., (from FB, 4/24/18),

With the departments so mediocre, why make the trip, let alone be overtaken by a true quality, full-range of crystal, etc.


Date: Wed, May 16, 2018, 18:37
Posted by: Steve G., (from FB, 4/24/18),

I also remember (more than a few years ago) making the trek downtown to Dayton's flagship to do the Bridal Registry. I think for lots of bridal couples it was a kind of a pilgrimage, back in the day.


Date: Wed, May 16, 2018, 18:37
Posted by: Steve G., (from FB, 4/24/18),

Jim McKay: It's a downward spiral. Smaller decisions that make sense at the time make these businesses unrecoverable. It usually starts by eliminating the back stock. "We can ship that to you." Sounds like a good idea, but it probably negatively impacts the business another few percent. In reality that's the first chink in the armor. Eventually the business continues to shrink, floor space is taken, and eventually it's gone! I agree that a trip to the flagship would be a great way to go, and then you could bring a handful of best-sellers to the branches. The reality today, though, is that the stores don't seem to be embracing the concept of the flagship and what it means for brand image and status in the marketplace. I suppose at some point we'll be talking about fine china and crystal departments the same way we talk about fabric and notions departments...Remember when?


Date: Wed, May 16, 2018, 18:36
Posted by: Jim McKay, (from FB, 4/24/18),

I understand what you are saying, Steve Grobe. Rather than a small ineffective china, silver, and crystal department at all the stores, it would be so much better if they concentrated it as full-line nation destination at Marshall Field's State Street. People buy many of these things just a few times...they would be willing to make a day trip of it rather than 10' X 10' area as Zabella describes. Make an impact, don't water it down.


Date: Wed, May 16, 2018, 18:36
Posted by: Steve G., (from FB, 4/24/18),

While this isn't easy for those of us who appreciate the history, all of that fine dining product has had declining sales for decades. Even when I was a buyer at DH/Field's, we would hear the stories about how this business was tough, and that bridal registries for that product were down. I will say, though that a smaller, more nimble store might have been able to minimize the impact. It's hard to say.


Date: Wed, May 16, 2018, 18:35
Posted by: Zabella C., (from FB, 4/24/18),

Orland Square has tucked fine china into a 10 x 10 area......its a joke....stopped in Thursday


Date: Wed, May 16, 2018, 18:35
Posted by: Kevin B., (from FB, 4/24/18),

You should see the China Dept at State st. It is so much smaller. :-(


Date: Wed, May 16, 2018, 18:34
Posted by: Tim E., (from FB, 4/24/18),

As I'm sure you all know, Field's was renowned for having huge and entirely comprehensive fine china, silver, and crystal departments - the kind that drew shoppers into the store from across the Upper Midwest. Now, it's been reduced by about 85-90%, and squeezed into the housewares area, alongside the escalator bank. :-(


Date: Wed, May 16, 2018, 18:33
Posted by: Tim E., (from FB, 4/23/18),

Well, I visited my old Field's location today - Old Orchard - and to my great sadness discovered that the lower level is undergoing a total renovation. The former fine china and crystal areas are now completely gutted, down to the concrete and studs. Honestly, I'm surprised they kept it as it was for these past 10+ years - but it still breaks my heart.

(The area is being redone for Macy's Backstage.)


Date: Wed, May 16, 2018, 18:32
Posted by: Jim McKay, (from FB, 4/24/18),

Lance: Exactly as I tell the rare person who says something like “well, Marshall Fields was going downhill anyways"

And of course I say, a bad day at Field's was better than any day at Macy's does that mean thwy should run the store as Big Lots then since it's going down hill?"


Date: Wed, May 16, 2018, 18:32
Posted by: Lance D., (from FB, 4/24/18),

Marshall Field's on its worst day still had more class, style, and elegance than Macy's has on its best day.


Date: Wed, May 16, 2018, 18:29
Posted by: Jim McKay,

Thank you for your patience while posting has been unavailable the past couple of weeks.

Above you will find some items from recent weeks at our Facebook page.

Here's to the once and future Marshall Field and Company on State Street.

Best regards,

Jim McKay


Date: Tues, April 24, 2018, 00:36
Posted by: David S,

Really Sad about Carson's & The Boston Store, Etc.

I liked visiting the Carson's on State, and luckily spent a day shopping at the Boston Store in Milwaukee once as well.

Recently our Flagship Burdines closed in Miami on Flagler Street. It was sad - went to the going out of business sale to pay my respects.

I think the downsizing of the Lord & Taylor building after this Christmas will be a terrible blow to New York. If you haven't been there go now. It's a beautiful store still, 10 Floors, 2 restaurants, and they just completed an amazing restoration which they will tear apart to become Wework next year.

As John Wanamaker once said "The Palaces of the People" will all soon be gone, and the future generations will be left with Amazon, and Walmart.....

Just visited Paris a couple weeks ago, Printemps and Galeries Lafayette seemed to be investing in their flagships like crazy, and man were they busy.......

I mention all this because I don't want to see Field's downsized anymore than 8 and above.

Bewildered by What's happening in the United States......


Date: Sun, April 22, 2018, 15:42
Posted by: gle,

In about two weeks time, two more options were eliminated for people who enjoy the hands-on experience of shopping, touching, looking and trying on. Yes, many of us still exist. We actually like to go out. Just sitting online doesn't cut it. I miss going to Marshall Fields, as well as Sears and Carson's. It made me feel better after work. Mariano's is about the only good place to go (and you don't find shoes or sweaters there). HOW I WOULD LOVE TO SEE MARSHALL FIELD'S RETURN TO STATE STREET.


Date: Wed, April 18, 2018, 18:51
Posted by: Jim McKay,

“Losing Marshall Field's was a blow to Chicago's identity; losing Carson, Pirie, Scott & Co. makes Chicago a little less unique."

---Ernesto C.

This article may be behind a pay wall for you, but the gist is that The court has paved the way for Carson's (and sibling Bon-Ton Stores') liquidation.

All stores will begin liquidation with completion by August 31.

BANKRUPTCY

Bon-Ton to Liquidate Stores

Department-store operator's assets sold in bankruptcy auction to liquidation firms

https://www.wsj.com/articles/bon-ton-to-liquidate-stores-1524090764


Date: Wed, April 18, 2018, 13:29
Posted by: mikea,

Yes, sad day for Bon Ton and the regional stores along with the 20,000 staff that will be out of a job.

It was a mistake for Bon Ton to close state street. They could have downsized the store, and still kept a presence and the Carson's identity in Chicago. After State Street closed the remaining Carson's lost their Chicago identity.

Also this would have forced Macy's to keep State Street more of as a field's than Macy's store. Having both stores open would have enabled the competition to continue and would have brought more shoppers and tourists to State Street.

Most likely the better Bon Ton stores will be bought up by other retailers Belk, Macy's Dillard's JC Penney. Maybe Belk will buy a huge chunk including the better Carson's stores. It was rumored last year that Belk was interested in Bon Ton locations.


Date: Tues, April 17, 2018, 17:52
Posted by: Jim McKay,

Thanks to Michael Lisicky for bringing this to our attention. Bon-Ton's current CEO now says it's official. Carson's will go out of business. I really think a key mistake in Chicagoland was in 2006 when then CEO of Bon-Ton, Bud Bergren, decided to close Carson's on State Street rather than make a deal to come back after the building was re- developed by the troubled Joseph Freed Company. Without the State Street flagship, Carson's is no longer had an identity. Moreover, that first winter of 2006-07, when we were out on State Street, we counted 8 Carsons bags for every 1 Macy's bag. Moreover, I'm convinced that had they stayed on State Street, Macy's would have been forced to bring back Field's to State Street to compete with Carson's.

Elder-Beerman (& Carson's) to Close

All stores to close within 10-12 weeks.

https://www.daytondailynews.com/business/breaking-elder-beerman-likely-going-out-business-without-bid-from-buyer/FVmHrBWUUqjjebo25sGzJM/


Date: Fri, April 13, 2018, 19:56
Posted by: gle,

Just heard this morning that Sears is closing its last store in Chicago, Six-Corners. Yes, we need Selfridges to take over Marshall Field's more than ever!


Date: Wed, April 11, 2018, 18:00
Posted by: State Street Watcher,

If it's true about Carson, Pirie, Scott & Co., then it's a very sad day indeed.

We need Selfridges to take over Marshall Field's more than ever!


Date: Wed, April 11, 2018, 12:22
Posted by: lukas graham,

Wall Street Journal reporting that the bankruptcy judge will not approve a plan by investors to buy Carson's and other stores owned by Bon-Ton. This means the only bids in next week's auction are all companies that want to liquidate the stores, including Carson's. This means that Carson's will likely be gone by mid-summer.

Carson's history is so intertwined with Field's, not the least of which is that Field's owned the land under the State Street store for many decades. Field's John G Shedd engineered Carson's moving to the State and Madison flagship in 1904. And for decades, it was Field's vs Carson's. So sad.

The Wall Street Journal article is headlined, "Bon-Ton Stores Headed for Liquidation"
at
https://www.wsj.com/articles/bon-ton-stores-headed-for-liquidation-1523465476


Date: Sat, April 07, 2018, 22:48
Posted by: Rich,

Field's Credit Card as a Christnas Ornament ---

I REALLY Like that !!!!!!!!!!!!!!!!!!!!!!!!

Agree---TOO Many memories and ALL Great

I LOVED lunch in the downstairs Marketplace!!

GREAT MEATLOAF and Mashed Potatoes!!!!!!!!!!!!

The Store at Christmas was pure magic

the way clothing was wrapped in tissue and placed into the shopping bag!!!!

The inside pride of giving a gift in those magnificence green boxes!!!!!!!!!!!!

Too many memories ------ALL GOOD

SOOOOOOOOOOOOOOOO Missed !!!!!!!!!!!!

Thank You All and Thank You Jim

And I Agree -- Ms. Hoguet seemed to really dislike Field's!


Date: Fri, April 06, 2018, 18:21
Posted by: Mary G.,

Thank you for continuing the quest for Marshall Field and Company!

It is sorely missed!


Date: Wed, April 04, 2018, 20:59
Posted by: Jim McKay,

The rumors that I'm hearing about Brookfield's takeover of the upper floors of State Street is that access will be from the Washington Street side where Holden Court was built over in the late 1980s and early 1990s. This part of the store is so new that it is not landmarked. Employees would supposedly come through an entrance from Washington, through the former Holden Court area where Burnham fountain is now located and then take a couple of newly constructed elevators constructed in the 1980s-90s atrium up to floors eight and higher.

It will be interesting to see if this is indeed how it all plays out.


Date: Wed, April 04, 2018, 20:53
Posted by: Jim McKay,

Macy's, Inc. CFO Karen Hoguet to retire. She will continue full-time until a successor is appointed, presumably later in 2018; then will continue as a consultant until February 2, 2019.

Ms. Hoguet was very well regarded as a CFO, even winning "CFO of the Year" in a year-end feature in The Wall Street Journal. I've heard from friends who work in NYC retail that she was very good at her work. At the same time, in more than a few instances, I had this subjective impression that Hoguet was more opposed to Field's coming back than Terry Lundgren.

Macy's, Inc.'s official announcement on Karen Hoguet's retirement. Bon voyage and good luck!

http://investors.macysinc.com/phoenix.zhtml?c=84477&p=irol-newsArticle&ID=2341150


Date: Wed, April 04, 2018, 20:49
Posted by: Jim McKay,

This year's flower show returned to the format of the Marshall Field's and first few Macy's years: floral displays were dispersed throughout the store but especially on the first floor and on the landings adjacent to the Holden Court escalators from 2-7. Other displays are in wine (Washington/Wabash) and toys, among others.

The show was similarly themed in NYC Herald Square 34th Street and San Francisco Union Square.

Macy's did do a great job on the show this year and it was up to Marshall Field's standards. Thank you, Macy's! They deserve credit where credit is due. The show runs through this weekend.

Jim


Date: Wed, April 04, 2018, 20:45
Posted by: Marianne,

(Originally posted Saturday, March 31, 2018 at 9:04 am)

Favorite Field's memory is just walking through the store at Christmas.


Date: Wed, April 04, 2018, 20:44
Posted by: Andrea D,

(Originally posted Saturday, March 31, 2018 at 12:41 am)

My memories growing up shopping at Field's Oak Brook store and eating in the Oak Room. The best Ozark Pudding ever was from Field's!


Date: Wed, April 04, 2018, 20:43
Posted by: Beth W,

(Originally posted Friday, March 30, 2018 at 12:58 pm)

Lucy! Great idea! I'll have to dig my Field's card out


Date: Wed, April 04, 2018, 20:43
Posted by: Corey K,

(Originally posted Friday, March 30, 2018 at 10:02 am)

Favorite Field's memory:

Everything. It was the perfect department store.


Date: Wed, April 04, 2018, 20:42
Posted by: Lucy S,

(Originally posted Friday, March 30, 2018 at 9:29 am)

I turned my Field's credit card into a Christmas ornament:


Date: Wed, April 04, 2018, 20:41
Posted by: Cynthia L,

(Originally posted Friday, March 30, 2018 at 9:16 am)

Favorite Field's memory:

FAMILY LUNCH UNDER WALNUT ROOM TREE


Date: Wed, April 04, 2018, 20:40
Posted by: Thomas G.,

(Originally posted Friday, March 30, 2018 at 7:57 am)

Favorite Field's memory:

Too many memories to list!


Date: Wed, April 04, 2018, 20:40
Posted by: Linda S.,

(Originally posted Friday, March 30, 2018 at 7:49 am)

Favorite Field's memory:

Xmas lunch in the Walnut Room with my mother <3


Date: Wed, April 04, 2018, 20:39
Posted by: Melissa F,

(Originally posted Friday, March 30, 2018 at 7:17 am)

Tammy P.:

Still have my card!!


Date: Wed, April 04, 2018, 20:38
Posted by: Tammy P,

(Originally posted Friday, March 30, 2018 at 12:16 am)

My favorite Marshall Field's memory was when I was FINALLY approved and received my green Field's charge card. I was in college, had no credit, and was declined the first time. My mother suggested applying for a JC Penney card “because ANYONE can get one of those - lol). After making a small JCP purchase and paying my bill, Field's issued me one, too. :-)


Date: Wed, April 04, 2018, 20:37
Posted by: Jill G,

(Originally posted Friday, March 30, 2018 at 1:29 am)

The Walnut Room was the best


Date: Wed, April 04, 2018, 20:36
Posted by: Timothy E,

(Originally posted Friday, March 30, 2018 at 12:00 am)

As a former Field's employee, there are just far too many to elaborate. But beyond my childhood memories (oh, the Walnut Room at Christmas!), perhaps one of my favorites, as an employee, was playing host to Jimmy and Roslynn Carter when they spent an afternoon and evening in my department signing copies of their new book for customers.


Date: Wed, April 04, 2018, 20:36
Posted by: Lucy S,

(Originally posted Thursday, March 29, 2018 at 11:09 pm)

My grandfather worked at the State St. store in the 80s until the mid-90s, and before Dayton-Hudson bought the company, they had really nice Christmas parties for their employees and their families.


Date: Wed, April 04, 2018, 20:34
Posted by: Jim McKay,

(Originally Posted March 29, 2018 at 10:06 pm)

Chicago Now blog has a piece asking readers "What is your favorite Marshall Field's memory?"

http://www.chicagonow.com/chicagonow-staff-blog/2018/03/chicago-marshall-fields-memories/


Date: Wed, April 04, 2018, 20:29
Posted by: Steve Grobe,

(Originally Posted March 8, 2018 at 4:44 pm)

Regarding Selfridges "Heritage" site, the first photo of Field's on State probably was taken between 1893 and--notice that the current Washington/Wabash building is in the background, apparently without the L tracks. That part of the building was completed in 1893 for the World's Fair; the clock would not appear until 1897 on the State/Washington corner. Harry Selfridge was instrumental in the Wabash/ Washington building construction.


Date: Wed, April 04, 2018, 20:28
Posted by: Steve Grobe,

(Originally Posted March 8, 2018 at 1:57 pm)

Regarding Selfridges, one of his favorite quotes was, "There's no fun like work!"

I felt the same way when I was buying for Field's...


Date: Wed, April 04, 2018, 20:27
Posted by: Jim McKay,

(Originally Posted March 8, 2018 at 1:37 pm)

Notice that the first five slides at the top of Selfridges' "Heritage" website -- roughly a third of the whole presentation--are about Harry and Marshall Field's. Macy's doesn't come close to this when discussing the store at their State Street web site. Just wow!

http://www.selfridges.com/US/en/features/info/our-heritage


Date: Sat, March 31, 2018, 17:56
Posted by: gle,

TO FIELD'S FANS:

HAPPY EASTER! 🐇🐰🐣 ✝️

HAPPY PASSOVER! ✡️

HAPPY SPRING! 🌺🌼🌸💐


Date: Sun, March 25, 2018, 15:24
Posted by: Jim McKay,

I humbly ask people to post responsibly on behalf of our cause. To re-comment on my post of March 12, no one is saying not to talk about Lord and Taylor atnd Carson's/Bon-Ton's, not to mention Toys "R" Us' tenuous existence. What is being said is that these need to be discussed vis a vis Marshall Field's because there are those who don't understand what we are trying achieve while others are actually new to what Field's was about. We are an advocacy group first.

I'm dismayed at some comments because these very same people have my phone and email to contact me. Anyone is welcome to contact me.

Again, the comments here are about our collective of cause of bringing back Field's to State Street including supporting the thousands of hours and tens of thousands of dollars that hundreds have contributed through the past dozen or more years.

Thank you.

Jim


Date: Thurs, March 22, 2018, 20:41
Posted by: A State Street Spectator,

GREAT PHOTOS FROM ST. PATRICK'S DAY! GO FIELD'S!


Date: Thurs, March 22, 2018, 12:49
Posted by: Jim McKay,

Thanks to all who helped make last Saturday's St. Patrick's Day event a success, especially John, gle, Gail, Gayle, Lucie, Frank, Alfred, and many more. Over 600 pin-on buttons that say "Time to bring back Marshall Field's" were distributed to the enthusiastic crowd consisting primarily of millennials and Gen Z.

Below are some photos of those who volunteered to pose with our signs in support of a return of Marshall Field's to State Street.


Date: Thurs, March 15, 2018, 19:21
Posted by: Jim,

Yes! Weather permitting, we will be out on State Street late this Saturday morning, St. Patrick's Day, passing out pin-on buttons, flyers, and who knows what else.

If you want to help or just make sure that we connect, our phone is 312 Nine-Two-Seven 4424.

We will see you late Saturday morning under the Great Marshall Field's clock at State and Washington.

Jim


Date: Mon, March 12, 2018, 12:23
Posted by: Jim McKay,

Let's all keep in mind that the purpose of this board is not a general department store discussion board/blog/guestbook, but a discussion board that supports and makes the case for the relevancy (financially and otherwise) of bringing back Marshall Field's to State Street

Discussing Lord and Taylor's, Carson's, etc. problems are generally not the most appropriate unless discussed vis a vis Marshall Field's return.

The fact is that those stores are a contrast to Field's because Field's stood out from the others, among other things, on a dollar amount basis.* Remember, Field's value at the time of the MayCo/Federated merger was worth twice all other MayCo store names combined--at least 12 stores, INCLUDING Lord and Taylor--as well as some bridal/tux shop names. Numerically, that's $190M for LORD AND TAYLOR plus Kaufmann's, Famous Barr, Foley's, Filene's, Robinson-May, Jones, Hecht's, Strawbridges, Meier & Frank, etc. versus $419M for Marshall Field's (not including Dayton's and Hudson's), although I can understand critics saying it should be more like $310M for Field's. (That's still much more than Lord and Taylor.) So sure some of these old names will go out of business, but that doesn't have to reflect on the very good rationale for bring back Field's to State Street.

* I use the dollar amount comparison because even critics are challenged to deny dollar amounts in formal SEC filings.


Date: Mon, March 12, 2018, 11:51
Posted by: drew,

The aftermath of The Red Star debacle continues as shown in this "creative" re-use of their shuttered store:

http://www.post-gazette.com/business/money/2018/03/12/Macys-U-Haul-moves-Reusing-vacant-storefronts/stories/201803070016

The surrounding area is growing new job opportunities and is benefiting from proximity to Greater Pittsburgh Airport. Here again, the problem was macy*s because the store was successful as Kaufmann's.


Date: Mon, March 12, 2018, 03:10
Posted by: Phil Eichler,

The latest retail rumor is lord Taylor is toast. Hbc will take the best remaining locations and make them Saks. Selling Oakbrook and old orchard does not fit in that story. Lord and taylor has become the upscale carsons, it has become irrelevant.


Date: Mon, March 12, 2018, 02:19
Posted by: Phil Eichler,

The latest retail rumor is lord Taylor is toast. Hbc will take the best remaining locations and make them Saks. Selling Oakbrook and old orchard does not fit in that story. Lord and taylor has become the upscale carsons, it has become irrelevant.


Date: Sat, March 10, 2018, 23:02
Posted by: Phil Eichler,

A couple of more points on the Lord and Taylor's closings. Their chicago stores were considered to be profitable. Water tower had a ridiculous lease, rumor is they were only paying $6.00 per square foot, so of course ggp yanked their lease. Oakbrook was their first store in chicago, probably had another cheap lease. Oakbrook is one of the best malls in the usa with average sales of $1000 per square foot, unheard of. As I've said before, Richard Baker who controls Hudson's Bay, Saks, Lord and Taylor is a real estate guy, not a merchant.

Old orchard is also a premier mall, that lease is more valuable than northbrook. I think lord and Taylor will eventually exit the Chicago market.


Date: Sat, March 10, 2018, 22:14
Posted by: Phil Eichler,

A couple of more points on the Lord and Taylor's closings. Their chicago stores were considered to be profitable. Water tower had a ridiculous lease, rumor is they were only paying $6.00 per square foot, so of course ggp yanked their lease. Oakbrook was their first store in chicago, probably had another cheap lease. Oakbrook is one of the best malls in the usa with average sales of $1000 per square foot, unheard of. As I've said before, Richard Baker who controls Hudson's Bay, Saks, Lord and Taylor is a real estate guy, not a merchant.

Old orchard is also a premier mall, that lease is more valuable than northbrook. I think lord and Taylor will eventually exit the Chicago market.


Date: Sat, March 10, 2018, 02:34
Posted by: Phil Eichler,

Hudson's Bay is under pressure from activist investors like Macy's. It s decision to close Oakbrook and old orchard had more to do with store realestate value than sales. Hbc just sold the leases for these two stores for more than 23 million dollars.


Date: Thurs, March 08, 2018, 22:53
Posted by: Ron in CA,

Apparently the decision has already been made to close the Lord & Taylor stores at both Old Orchard and Oakbrook, leaving only two stores in the Chicago area. An additional store in Annapolis, MD will also close.

https://www.fool.com/investing/2018/02/27/struggling-lord-taylor-will-close-another-store.aspx


Date: Sat, March 03, 2018, 13:39
Posted by: Ron Downing,

I've been reading this blog since it's inception and this is my first post. I fully support the idea that a resurrection of Marshall Field's is long overdue. Macy's has killed the concept of the traditional department store, in part because consuming the May Company made Macy's have to become much more promotional. May Company drove traffic by having sales every week. In fact merchandise was usually only "full price" on Monday and Tuesdayand sometimes Wednesday. While May did push it's own store brands, there was a balance with better brands in most major markets and May did maintain fulll selection china, silverware, and crystal departments in all but it's smallest and lower market locations. It was widely noted that May never quite figured out what to do with Marshall Field's because it didn't fit May's traditional business model. At least they maintained the Marshall Field's name and generally the merchandise lines.

It's really sad about Lord & Taylor, because after Macy'sconsumed Marshall Field's, many postings on this blog noted that L&T became their go to store for better quality merchandise, like Hart Shaffer & Marxmens suits. With the HBC takeover of L&T, many if not most of the stores have been botched down to mid-market, often looking like a Hudsons Bay store in Canada. L&T opened a new store

in Salem, NH that I visited last year. There was nothing upscale about it and the merchandise in menswear was mostly the store brand 1808 Black-Brown or faded brands like Perry Ellis. The other suburban stores in the Boston market have similar merchandise, and I'd venture that the Chicago stores are the same. And they're shrinking the Manhattan flagship. No wonder sales are down?

Nordstrom is also introducing product lines to go aftera more moderate market, with men's dress shirts at a value price of $39.90.

I visited Chicago regularly and shopped at Marshall Field's regularly fromtge 19980's untilthe "Macy-fication". I even shopped at former Dayton's stores that were rebranded Marshall Field's because the merchandise was still high-quality. Friends in the Twin Cities never shopped at Macy's after the conversion because the merchandise was and is lower quality. I don't shop at Macy's in California where I live, and occasionally go through a Macy's when I travel. Former May Co stores that used to have china departments now have Fiestaware on the same shelves that used to feature better brands. So, what is the reason to go to Macy's when it's becoming less and less distinguishable from Kohl's, JC Penney, or Marshall's? As many of you have noted, there isn't any. Macy's has killed the traditional department storeas we knew it. If there was a way for them to sell the key Chicago storesto someone that knows how to run a high quality department store, that would be a true Miraclle on 34th St., or at least State St.. But I think that right now, Macy's is in a race to the bottom.

Ron in CA


Date: Fri, March 02, 2018, 16:19
Posted by: Another Field's Fans,

Re: Phil's last post, I'd be happy if just State Street came back as Field's. But ideally, State Street, Water Tower, Oak Brook, Old Orchard, and Woodfield. In order, those are also supposedly among the Chicagoland locations of Macy's Top 150 Stores in Chicagoland according to a post and doc someone had at Golden Age of Department Stores on FB a couple of years ago.


Date: Fri, March 02, 2018, 16:10
Posted by: ExpressNewsline,

Macy's Selling Top Half Of State Street Store For $30 Million

http://expressnewsline.com/2018/03/01/macys-selling-top-half-of-state-street-store-for-30-million.html

Excerpt:

"To many shoppers, the store has been dying a slow death ever since the Marshall Field's name was removed. Brookfield plans to convert these largely unused floors into office space."


Date: Fri, March 02, 2018, 13:34
Posted by: mikea,

I really wished they would have kept the 8th floor. It would have had a minimal effect on merchandising the store. However the addition of new people working in the tore will give the 7th floor resteraunts and the store more business. Sad to see Macy's selling more stores just to continue to make huge profits. Selling real estate does not keep a company afloat.

Another sad and even worse scenario is the demise of LOrd & Taylor. I really liked the Old Orchard and Oakbrook stores. True the selection at Oakbrook is somewhat limited. Reading online analysts are attributing Hudson's Bay sales declines in the US and Canada to Lord & Taylor. Some are calling for Lord & Taylor to be dissolve along with Bon-Ton maybe not making it out of bankruptcy.

Would hate to see retail being limited to Macy's and Nordstrom on a national level.


Date: Fri, March 02, 2018, 00:25
Posted by: Phil Eichler,

It does not suprise me macys is selling the I magnin portion of union square. Like it's chicago stores,it was very minimal and elegant, unlike anything macys does.

If Macy's brought back field's, it would give them a full price vehicle to counteract their descent into discount merchandising. They have been on that route for a decade, just never publicly wanted to admit it. All they need to to is convert back STATE STREET, OLD ORCHARD, OAND WOODField.


Date: Wed, February 28, 2018, 11:10
Posted by: dave andrews,

The executives at macy continue their conversion to discount store format:

https://www.businessinsider.com/macys-is-copying-tj-maxx-and-nordstrom-rack-2018-2

Back in the day all the major department stores had a

"bargain basement" which offered discounted merchandise from the main store as well as value-priced items. Atmosphere and amenities were different in each sales area. Today macy Last Act clearance sections put the "bargain basement" right next to the new merchandise, then "Backstage" is a separate in-store TJMaxx. In addition, much of the "regular" merchandise isn't of the quality one would expect in a better department store; 200 thread count polyester/cotton blend Martha Stewart sheets, queen size set for $120. There is little distinction between discount, clearance and regular merchandise.

Upscale designers are already pulling out of macy and I look for more better brands to leave. I also predict more store closings and staff layoffs.


Date: Tues, February 27, 2018, 18:45
Posted by: Jim McKay,

But wait, the upper floors of State Street and Northbrook Court, along with the former I. Magnin at Union Square aren't the only stores Macy's is selling...

Macy's eyes sale of Medinah Temple, moving out Bloomingdale's home store

http://www.chicagotribune.com/business/columnists/ori/ct-biz-bloomindales-medinah-temple-ryan-ori-20180227-story.html


Date: Tues, February 27, 2018, 10:25
Posted by: Jim,

Andrew:

These floors have been empty for over 25 years. This may help the store by bringing in the traffic that will work on these upper floors. The bad news is that the reason these floors have been hard to market and Macy's got such a low price of $30M is that they are hard to bring in utilities and adapt. The building as a whole is valued at $1.74BILLION. So that tells you something is not nearly as valuable about these upper floors and is a reason that they have been vacant for so long. It's also important to keep in mind that State Street will still be at least DOUBLE the size of Selfridges Oxford Street which is what I consider the most comparable store to State Street in terms of highest and best use.


Date: Tues, February 27, 2018, 10:24
Posted by: Steve,

Ken:

Thanks for posting this. It's an interesting read especially given what's going on since then. Today's news of selling the top floors isn't entirely new, either. DH would have sold or leased the top floors if they could have. (Not sure how hard they worked that, though, to be honest.) Truly going to miss my old furniture floors where we worked SO hard to drive an exciting, profitable and diverse business. And, I'll be honest, I'm a little nervous for what a "new and more vibrant" Macy's on State looks like.


Date: Tues, February 27, 2018, 10:24
Posted by: Ken A,

Going back in time to April of 1990, and Dayton Hudson announces it intent to buy Marshall Fields from BATUS.

Shortly after the deal closed, the corporate offices of Marshall Fields were consolidated to Minneapolis, leaving the upper floors in the State Street Building mostly empty, save for some regional support staff.

http://www.nytimes.com/1990/04/20/business/marshall-field-deal-by-dayton.html


Date: Tues, February 27, 2018, 10:21
Posted by: Beth W,

Just imagine if a store, a unique store with a vision, could set up shop and be a new incarnation of a Field's type department store. Imagine class being brought back to shopping. I've always been a daydreamer.


Date: Tues, February 27, 2018, 10:21
Posted by: Mike W,

Just imagine the demand and price that Macy's could receive if these floors were sitting atop of Marshall Field's rather than Macy's!


Date: Tues, February 27, 2018, 10:20
Posted by: Andrew,

Wow! Is this a bad thing?


Date: Tues, February 27, 2018, 09:14
Posted by: Jim,

Macy's to sell top floors of State Street store for $30 million http://www.chicagotribune.com/businessl/ct-biz-macys-state-street-store-20180227-story.html

keep in mind that the lower seven floors plus the basements are worth quite a bit more money .

Recent appraisals have put the value of the entire building at one . seven four billion dollars .

At the San Francisco flagship , they are actually selling the former I Magnin portion of the building for redevelopment .


Date: Tues, February 27, 2018, 08:57
Posted by: Jim,

"In February 2018, the company signed an agreement to sell floors 8 through 14 of its State Street store in Chicago to a private real estate fund sponsored by Brookfield Asset Management. Brookfield intends to convert these largely unused floors into dynamic, creative office space. As part of this transaction, Macy's, Inc. will receive a total of $30 million ($27 million of consideration and a $3 million contribution for certain improvements), as well as upside participation in the ultimate value creation associated with the conversion of the upper floors to office space. This transaction will enable the company to make Macy's on State Street a more vibrant shopping destination. The company anticipates closing this transaction in the first half of fiscal 2018."

They are also selling the I. Magnin portion of the Macy's flagship at San Francisco -- Union Square.

https://finance.yahoo.com/news/macy-inc-reports-fourth-quarter-130000206.html


Date: Tues, February 27, 2018, 01:21
Posted by: Phil Eichler,

While northbrook is considered an a tier mall. It isn't. Too close to old orchard. Neiman's is one of their best stores, but the Neiman's shopper never enters the mall. The fields macys Northbrook store has always been a dump. In its best days filled with stained carpet and damaged fixtures. I


Date: Thurs, February 22, 2018, 20:59
Posted by: A State Street Spectator,

So Macy's is selling its Northbrook Court location because it "doesn't do as well as it once had"? If that is the logic, Macy's should have sold Macy's a long time ago, especially after estranging customers nationwide by devouring so many traditional department stores. Selling the State Street store to someone willing to bring back the Marshall Field's name, quality and service would definitely be a plus for that store, which hasn't done "as well as it once had" since it stopped being Field's.


Date: Thurs, February 22, 2018, 19:18
Posted by: drew,

So The Red Star is selling its Northbrook store because "it doesn't do as well as it once had." Does that mean it did better as Marshall Field's? If so, wouldn't it make sense to once again make the store a destination by reinvigorating it as Marshall Field's?

They are also in the process of shutting down the former Kaufmann's location at the Waterfront, a highly popular dining and entertainment complex which also hosts numerous high end apartments and town houses. Amazing location but their store isn't an attraction.

Can't board members at The Red Star realize their macy*fication project (and the leader who spearheaded it) was an EPIC FAIL. Maybe analyze WHY shoppers aren't coming--and it's NOT totally the fault of online retail. The Red Star wisely held on to some of the iconic store names they bought --maybe start using them and bringing back former shoppers by giving what they want!


Date: Tues, February 20, 2018, 13:46
Posted by: Jim,

February 20, 2018

Macy's sells Northbrook Court store. Now what?

Comments Email Print

By ALBY GALLUN

http://www.chicagobusiness.com/realestate/20180220/CRED03/180229990/macys-sells-northbrook-court-store-now-what?ite=53366&ito=1144&itq=f18a3413-a86d-452d-b57c-516167eb9a3f&itx%5Bidio%5D=47069

The story says that store will continue to operate but suggests that in long term, it, along with perhaps Lord and Taylor, will be redeveloped. It also says that the Macy's at Northbrook Court doesn't do as well as it once had.


Date: Wed, February 14, 2018, 19:34
Posted by: A State Street Spectator,

HAPPY VALENTINE'S DAY TO FIELD'S FANS!

Field's was the store to get something special for this special day.


Date: Mon, February 05, 2018, 21:12
Posted by: Phil Eichler,

Bonton is toast. Boston store is one of their strongest brands, wisconsin loves the brand, stupid to make it carsons, bergners , yes, little identity

However, I stand by my source that they don't have a clear path and will be liquidated. Most of the chain stands for nothing, middle market with little relevance today. Plus, no assets and massive debt. In contrast, Macy's owns almost all stores and 75% in a tier malls. Even if malls are dying, the best never will, and the remaining real estate still has value


Date: Mon, February 05, 2018, 13:28
Posted by: Aidan Chism,

The Bon-Ton department store group, owner of Carson, Pirie, Scott, and Company has declared chapter 11 bankruptcy protection. No additional store closings have been announced besides the 47 previously announced. They are trying to sell the company and assets. Also they plan to change Boston Store (Milwaukee) and Bergner's (Peoria) to the Carson's banner. It would be sad to see another Chicago institute fade away.


Date: Thurs, February 01, 2018, 22:22
Posted by: Phil Eichler,

The big bears were in the old store for men. Abicombie was actually across Wabash next to one of the original Eddie Bauer s. Wabash , had the best men's stores including capper and capper and the I credible van lenti and antoine. The old men's store was fantastic, old school, old money, very proper.


Date: Thurs, February 01, 2018, 22:21
Posted by: Phil Eichler,

The big bears were in the old store for men. Abicombie was actually across Wabash next to one of the original Eddie Bauer s. Wabash , had the best men's stores including capper and capper and the I credible van lenti and antoine. The old men's store was fantastic, old school, old money, very proper.


Date: Thurs, February 01, 2018, 16:17
Posted by: drew,

It says a great deal for the "magic" of The Red Star when a location in the midst of a popular lifestyle center is closing. The Waterfront store was one of Kaufmann's/May Company's planned off mall locations. Many entertainment, eating and shopping venues are nearby. The immediate area surrounding the store is structured like an old downtown with sidewalks, varied storefronts, benches and other amenities. A very pleasant place to walk around, shop and enjoy the day. Across the street is a large strip center with Target, Lowe's, Michael's, Bed Bath & Beyond and Giant Eagle supermarket. A retailer couldn't ask for a better location.

http://www.post-gazette.com/business/money/2018/02/01/Waterfront-to-lose-its-Macy-s-store-as-owner-seeks-more-relevant-concepts-department-Homestead/stories/201802010119

A section of the upper level of the Waterfront store was closed off to provide space for The Red Star regional offices which were moved from the shuttered downtown Pittsburgh store. Newer building. High traffic, popular location. Corporate leaders. So WHY wasn't this store more productive and relevant?


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