1919day.year
Alfred Marshall
(1919 - 2013)
American businessman, founded Marshalls
American businessman
founded Marshalls
Entrepreneur who founded Marshalls, pioneering the off-price retail model in the United States.
Alfred Marshall opened the first Marshalls store in Beverly, Massachusetts in 1956, offering brand-name clothing at discounted prices. His innovative off-price retail concept challenged traditional department stores and reshaped consumer expectations. Under his leadership, Marshalls expanded into a national chain with hundreds of outlets. Marshall emphasized lean operations and close relationships with suppliers to secure overstock merchandise. He sold the company to the TJX Companies in the 1970s but remained an industry pioneer. Marshall's model influenced later retailers like T.J. Maxx and Ross Dress for Less. He died in 2013, leaving a lasting retail legacy.
1919
Alfred Marshall
Marshalls