Macy's, initially R. H. Macy & Co., is a mid-range chain of chain store possessed by American international company Macy's, Inc. It is among two divisions possessed by the business, with the other being the high end Bloomingdale's. Since January 2014, it operates 850 outlet store locations in the continental United States, Hawaii, Puerto Rico, and Guam, with a popular Herald Square crown jewel location in Midtown Manhattan, New York City.
Macy's has actually carried out the annual Macy's Thanksgiving Day Parade in New York City since 1924, and sponsored the city's yearly Fourth of July fireworks present since 1976. Macy's flagship store on Herald Square is promoted as the largest in the world, and attracts customers from well past the New York City Metropolitan Area.
Since 2012, Macy's is the biggest U.S. division store company by retail sales and is the 16th-largest store in the United States in 2013 in regards to profits.
Macy's wased established by Rowland Hussey Macy, which between 1843 and 1855 opened four retail dry products saves, including the original Macy's shop in downtown Haverhill, Massachusetts, set up in 1851 to serve the mill market staff members of the area. They all fell short, however he gained from his errors. Macy transferred to New York City in 1858 and established a brand-new establishment named "R. H. Macy & Co." on Sixth Avenue between 14th and 13th Streets, which was far north of where other completely dry products saves were at the time.:1102 On the business's first day of company on October 28, 1858 sales amounted to US$ 11.08, equal to $301.47 today.
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