Macy's

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Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. It is one of the largest and most well-known department stores in the United States, with its flagship store located in Herald Square, New York City. Macy's is renowned for its wide range of products, including clothing, accessories, home goods, and beauty products.

History

Macy's was established on October 28, 1858, in New York City by Rowland Hussey Macy. The original store was located on the corner of 14th Street and 6th Avenue. Macy's quickly gained popularity due to its innovative marketing strategies and customer-centric approach. In 1902, the store moved to its current location in Herald Square, which has since become a landmark.

Expansion and Growth

Throughout the 20th century, Macy's expanded its presence across the United States through acquisitions and the opening of new stores. Notable acquisitions include the purchase of R.H. Macy & Co. by Federated Department Stores in 1994. In 2005, Federated Department Stores rebranded itself as Macy's, Inc., consolidating its various department store brands under the Macy's name.

Macy's Thanksgiving Day Parade

One of Macy's most famous traditions is the annual Macy's Thanksgiving Day Parade, which began in 1924. The parade features large balloons, floats, and performances, attracting millions of viewers both in person and on television. It has become an integral part of American culture and the Thanksgiving holiday.

Products and Services

Macy's offers a diverse range of products, including:

• Clothing
• Footwear
• Accessories
• Home goods
• Beauty products
• Furniture
• Jewelry

The store also provides various services such as personal shopping, wedding registry, and in-store events.

Online Presence

Macy's has a significant online presence through its website, macys.com, which offers a wide selection of products and services. The online platform allows customers to shop conveniently from their homes and provides features such as order tracking, customer reviews, and exclusive online deals.

Financial Performance

Macy's, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "M." The company has faced various financial challenges in recent years, including competition from online retailers and changing consumer preferences. However, Macy's continues to adapt by enhancing its digital capabilities and optimizing its store footprint.

Related Pages

• Rowland Hussey Macy
• Herald Square
• Federated Department Stores
• Macy's Thanksgiving Day Parade
• New York City
• Department store
• Retail