19 Facts About Macy's


Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924 and has sponsored the city's annual Fourth of July fireworks display since 1976.

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Macy's ignored the tactic, and simply built around the building, which now carries Macy's "shopping bag" sign by lease arrangement.

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In 2012, Macy's began the first full renovation of the iconic Herald Square flagship store at a reported cost of $400 million.

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In May 1993, Macy's announced the planned fall 1994 launch of TV Macy's, the retailer's own home shopping channel, in conjunction with Don Hewitt, Thomas Leahy and Cablevision.

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Macy's rapidly followed suit in May 2003 with similar rebranding announcements for its other nameplates, Burdines in Florida, Goldsmith's in Memphis, Lazarus in the lower Midwest, and The Bon Marche in the Pacific Northwest.

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Macy's significantly increased its use of television advertising and product placement in 2006 and 2007, using branding spots that featured the new Macy's star logo.

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Macy's continues to operate stores under the Macy's and Bloomingdale's nameplates.

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Macy's was the 15th-largest retailer in the United States for 2014 by revenue.

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Macy's announced that it experienced same store sales declines of 5.

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Macy's said that these closings would experience cost savings of $400 million.

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Macy's claimed it would instead invest $250 million in digital business and growth strategies for the remaining stores.

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In September 2016, Macy's announced that it would be opening an Apple Store in its flagship location, making it the first department store to host an Apple store.

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Macy's acquired experiential concept Story in May 2018 and made a minority investment in b8ta, a retail as a service concept, in June 2018.

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In November 2018, Macy's announced they would test smaller "neighborhood" stores to reduce costs and promote innovation within the customer experience realm.

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In 2020, Macy's closed its Cincinnati headquarters, consolidating headquarters operations in New York City.

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In November 2021, Macy's announced they were starting a free education program and boosting its corporation base salary to $15 per hour.

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The investigation was prompted by a civil rights lawsuit and an article in The New York Times, which reported on many of Macy's tactics, including private jails and interrogations.

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Macy's was celebrating a part of our community, gay pride, and they should be proud of the gay community, and I'm proud of the gay community and gay pride.

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Macy's responded by publishing an apology by the Macy's East chairman, Ron Klein, in In Newsweekly, a Boston-area weekly with a large gay readership.

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