Fields (department Store) - History

History

The first Fields store was established in Vancouver in 1950 by the chain's founder, Joseph Segal. From there, Fields grew to eight stores by the time it opened a store at Capilano Mall in North Vancouver in 1968, continuing to expand across British Columbia into the 1970s with the acquisitions of several regional retailers (including several small HBC stores in smaller towns). In 1972, Fields purchased a subsidiary chain of hardware stores called Marshall Wells, and after further expansion into Alberta and Saskatchewan, it acquired majority ownership of the Zellers chain in 1976. Zellers would reverse the takeover a few months later and make Fields and Marshall Wells into its subsidiaries, all of which were partly acquired by HBC in 1978, and fully owned by 1981. Marshall Wells was sold by HBC in 1985, and Fields was moved from a Zellers subsidiary into a full division of HBC in 1988.

Read more about this topic:  Fields (department Store)

Famous quotes containing the word history:

    Social history might be defined negatively as the history of a people with the politics left out.
    —G.M. (George Macaulay)

    The awareness that health is dependent upon habits that we control makes us the first generation in history that to a large extent determines its own destiny.
    Jimmy Carter (James Earl Carter, Jr.)