Macy’s
Wednesday, 3 September 2014 - 01:00 pm (CET/MEZ) Berlin | Author/Destination: North America / Nordamerika General , New York City
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Macy’s plaque at Herald Square, New York © Wikijazz/cc-by-sa-3.0
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Macy’s, originally
R. H. Macy & Co. , is a mid-range to upscale chain of department stores owned by American multinational corporation
Macy’s, Inc . It is one of two divisions owned by the company, with the other being the upscale
Bloomingdale’s . As of January 2014, it operates 850 department stores locations in the United States, Guam and Puerto Rico, with a prominent
Herald Square flagship location in
Midtown Manhattan ,
New York City . It also has eSpot
ZoomShops kiosks in over 300 store locations selling consumer electronics.
Macy’s is known for its niche in popular culture and the diversity of its merchandise. It competes with Belk , Bon-Ton , and Dillard’s ; more upscale facilities compete with Nordstrom , Neiman Marcus , Lord & Taylor , and Saks Fifth Avenue . Macy’s has conducted the annual Macy’s Thanksgiving Day Parade in New York City since 1924, and sponsored the city’s annual Fourth of July fireworks display since 1976. Macy’s flagship store on Herald Square is advertised as the largest in the world, and draws shoppers from well beyond the New York City Metropolitan Area . The venue is in close proximity to other Manhattan landmarks, including the Empire State Building , Koreatown , Pennsylvania Station , and Madison Square Garden .
Macy's plaque at Herald Square, New York © Wikijazz/cc-by-sa-3.0
Macy’s was founded by
Rowland Hussey Macy , who between 1843 and 1855 opened four retail dry goods stores, including the original Macy’s store in downtown
Haverhill, Massachusetts , established in 1851 to serve the mill industry employees of the area. They all failed, but he learned from his mistakes. Macy moved to New York City in 1858 and established a new store named “R. H. Macy & Co.” on
Sixth Avenue between
13th and
14th Streets , which was far north of where other dry goods stores were at the time. On the company’s first day of business on October 28, 1858 sales totaled US$11.08, equal to $301.47 today. From the very beginning, Macy’s logo has included a star in one form or another, which comes from a tattoo that Macy got as a teenager when he worked on a Nantucket whaling ship, the
Emily Morgan .
As the business grew, Macy’s expanded into neighboring buildings, opening more and more departments, and used publicity devices such as a store Santa Claus, themed exhibits, and illuminated window displays to draw in customers. It also offered a money back guarantee, although it accepted only cash into the 1950s. The store also produced its own made-to-measure clothing for both men and women, assembled in an on-site factory. The store later moved to
18th Street and
Broadway , on the “
Ladies’ Mile “, the elite shopping district of the time, where it remained for nearly forty years.
Read more on
Macy’s and
Wikipedia Macy’s (
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