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Macy’s, is an American Department Store that was founded in 1858!
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Macy’s – A Rich History
In 1858 Roland H Macy opened his first Macy’s store in New York City as a dry goods store. His first day sales reached a whopping $11.06. But from these humble beginnings grew one of the largest retail stores in history. In 1902 Macy’s moved to Herald Square in New York City.
It was at the location of Herald Square that everything seemed to take off. Macy’s Herald Square store was the first building in the world to have the modern day escalator. The wooden escalators are still in use today! This location has become the flagship of Macy’s Department stores. The building’s 2.2 million square feet made it the world’s largest department store from 1924 until 2009.Then the South Korean chain Shinsegae opened a store of nearly 3.16 million square feet in Busan. It is estimated 20 million shoppers visit Macy’s Herald Square over the course of each year. An estimated 7,000 people view the display windows at Macy’s Herald Square each hour.
Here are some interesting facts about Macys:
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Where did the Macy’s logo come from? The Macy’s logo has always been a star in one form or another. This is due to a tattoo that founder Rowland Hussey Macy received when he was a teenager working on a Nantucket whaling ship.
In 1913 a plaque was installed honoring the then current co-owners of Macys, Ida and Isidor Straus, who died aboard the RMS Titanic.
During the 1940s and 1950s, houses, airplanes and automobiles were sold on the ninth floor of the Herald Square store.
Macy’s introduced the tea bag and baked potato to American consumers.
Macy’s Herald Square offers approximately 4 million individual items (SKUs) for sale on a typical day.
The Macy’s Thanksgiving Day Parade is an annual parade in New York City. The world’s largest parade, it is presented by the U.S.-based department store chain Macy’s. The parade started in 1924, tying it for the second-oldest Thanksgiving parade in the United States.