FIELDS Stores Ltd. is a Canadian
discount store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cos ...
company owned by FHC Holdings, with 63 locations in
British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost Provinces and territories of Canada, province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include ...
,
Alberta
Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...
,
Saskatchewan
Saskatchewan ( ; ) is a province in western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on the south by the U.S. states of Montana and North ...
,
Manitoba
, image_map = Manitoba in Canada 2.svg
, map_alt = Map showing Manitoba's location in the centre of Southern Canada
, Label_map = yes
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, capital = Win ...
, and the
Northwest Territories
The Northwest Territories (abbreviated ''NT'' or ''NWT''; french: Territoires du Nord-Ouest, formerly ''North-Western Territory'' and ''North-West Territories'' and namely shortened as ''Northwest Territory'') is a federal territory of Canada. ...
.
History
The first FIELDS store was established in
Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. Th ...
in 1950 by the chain's founders, Joseph Segal
and Saul "Sonny" Wosk. From there, FIELDS grew to eight stores by the time it opened a store at
Capilano Mall in
North Vancouver
North Vancouver may refer to:
*North Vancouver (city), a city in British Columbia, Canada
* North Vancouver (district municipality), a district municipality in British Columbia, Canada
* North Vancouver (electoral district), a federal electoral di ...
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
Zellers was a Canadian discount department retail chain and is currently a brand name owned by the Hudson's Bay Company (HBC). Founded in 1931 in London, Ontario, in later decades it was based in Brampton, Ontario. Zellers was acquired by H ...
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 the
Hudson's Bay Company
The Hudson's Bay Company (HBC; french: Compagnie de la Baie d'Hudson) is a Canadian retail business group. A fur trade, fur trading business for much of its existence, HBC now owns and operates retail stores in Canada. The company's namesake b ...
(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.
In contrast with the much larger Zellers stores, the FIELDS division was intended to be a small format, extreme value retail chain for rural and urban Canadian communities. Hudson's Bay Company announced an aggressive expansion strategy for FIELDS, adding 53 new stores in 2006-2007, with another 35 locations planned for 2008. Over the next several years, HBC planned on opening around 800 new stores across Canada. New locations featured the successful FIELDS "Mini Mart" concept.
In December 2011, HBC announced that FIELDS stores would cease operations, beginning February 2012 in Ontario where 26 stores closed. The remaining 141 stores were also announced to close in phases throughout the year ending in the Fall of 2012. But on May 1, 2012, a company called FHC Holdings Ltd. announced that it had purchased 57 FIELDS stores in British Columbia, Alberta, Saskatchewan, Manitoba and the Northwest Territories from HBC with the intent of keeping those stores open.
There are now 63 FIELDS locations.
References
{{Authority control
1950 establishments in British Columbia
Companies based in British Columbia
Delta, British Columbia
Retail companies established in 1950
Department stores of Canada
Discount stores of Canada
Canadian companies established in 1950