Los Angeles Business Journal

Founder of Marshalls Department Stores Dies at 94

Thursday, January 2, 2014

Alfred Marshall, a founder of the Marshalls department store chain in the mid-1950s, has died in Boca Raton, Fla., the New York Times reports. He built a successful clothing retailer by buying out-of-season, irregular and overstocked inventory from fashionable clothing stores and selling it at a discount. He was 94.