No one would have guessed that the small, fancy dry goods store that opened on the corner of 14th Street and 6th Avenue in New York City in 1858 would grow to be one of the largest retailers in the world.
But after several failed retail ventures, Rowland Hussey Macya€™s determination and ingenuity paid off at the age of 36 with the launch of R.H.
Always the innovator, Macya€™s is known for several firsts that changed the retail industry. By November 1902, the store had outgrown its modest storefront and moved uptown to its present Herald Square location on Broadway and 34th Street, establishing an attraction for shoppers from around the world.
To help celebrate their new American heritage, Macya€™s immigrant employees organized the first Christmas Parade in 1924.
In 1945, the company expanded west and purchased Oa€™Connor Moffatt & Company in San Francisco.
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Copyright © 2012 Autos Weblog, All trademarks are the property of the respective trademark owners. Macya€™s was the first retailer to promote a woman, Margaret Getchell, to an executive position, making business history. With the storea€™s 7th Avenue expansion completed in 1924, Macya€™s Herald Square became the a€?Worlda€™s Largest Store,a€? with more than 1 million square feet of retail space. The procession featured floats, bands, animals from the zoo and 10,000 onlookers, beginning a time-honored tradition now known as the annual Macya€™s Thanksgiving Day Parade.
Two years later, Oa€™Connor Moffatt stores, including the landmark Union Square store that opened in 1866, were converted to Macya€™s after a survey indicated that San Franciscans would welcome the name.
Also in 1995, Federated acquired The Broadway Department Stores, bringing Broadway, Emporium and Weinstocks to the Macya€™s family, as well as six former I. With the conversion of all Federateda€™s regional store nameplates in March 2005, Macya€™s grew to about 425 locations across the country. Macya€™s pioneered such revolutionary business practices as the one-price system, in which the same item was sold to every customer at one price, and quoting specific prices for goods in newspaper advertising. In 1971, Macya€™s Union Square storea€™s lower level, once cluttered with bargains, was transformed into a€?The Cellar,a€? changing the way customers shop for housewares.


First-day sales totaled $11.06 but by the end of the first full year, sales grossed approximately $85,000.
Known for its creative merchandising, Macya€™s was the first to introduce such products as the tea bag, the Idaho baked potato and colored bath towels.
Yet, the prosperity of the retailer was never more apparent than when the company went public in 1922 and began to open regional stores and take over competing retailers.
Federated Department Stores operated over 400 department stores and more than 157 specialty stores in 37 states. Following the model of A&S, Jordan Marsh Department Stores of Boston, already owned by Federated, was converted to Macya€™s in March 1996.
In January 2001, Macya€™s absorbed 17 Sterna€™s Department Stores located in New York and New Jersey. In June 2001, Federated purchased the Liberty House operations in Hawaii and Guam, bringing the proud Macya€™s tradition and heritage to the Pacific.



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