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Browsers in the renovated 6th-floor Home Store at Marshall Field & Co. will find that they can gaze toward the famous Picasso sculpture while shopping. How fitting, since some of the merchandise approaches the cost of a work by the Spanish artist.

Those customers who have plenty to blow on the boudoir might peruse the new Couture Linen Shop with $3,000 silk sheets from Anichini and Lysdarb of Belgium.

The Couture Linen Shop is among an audacious array of boutiques and galleries throughout the floor.

Field`s is one of the last big-city department stores in the country to devote so much space to home furnishings and accessories. The elegant area is a fitting climax to Field`s five-year, $115 million downtown store renovation. Among the special features: The Sheridan Shop of fine Australian linens;

a Quilt Shop featuring Amish and other American-made coverings; Field`s first Laura Ashley shop and a Ralph Lauren area three times larger than before.

There`s no shortage of crystal, with galleries for Orrefors, Hoya, Baccarat, Waterford and Lalique. That choice is surpassed in china, where more than 750 patterns of dinnerware are featured.

Particularly fetching is the 50-year-old Astbury fine bone china by Wedgwood. Featuring an ivory background with black overlay, embellished with pure gold, the china is not for everyone. Price for a five-piece setting:

$4,150.