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    (1858- )
    Founded by Rowland Hussey Macy in New York, New York (1858)
    Headquartered in Cincinnati, Ohio
    NYSE: M
    171,000 employees (2012)
    The store started the trend at price items ending at $.99.
    The company often brands itself with a red star (or asterisk) to spell Macy*s.
    The company filed for bankruptcy in 1992.
    Shortly after its restructuring, the company began absorbing department store giants such as A&S, Bullocks, The Broadway, and May Company Departments Stores.
    The company has faced several controversies including an investigation by then New York Attorney General Eliot Spitzer involving Macy's tactics for dealing with shoplifters including private jails and interrogations.
    In its first year of business, Macy*s profited $90,000 (1858).
    The company advanced women's roles in the work place by being the first retailer to award a female an executive position.
    They pioneered the practice of advertising sales in newspapers.
    The Macy*s Herald Square location expanded to over 1 million square feet of retail space, making it the largest store in the world until 2009.
    The corporation organizes the Macy's Thanksgiving Day Parade (since 1924) and sponsors New York City's annual Fourth of July fireworks show (since 1976).
    The store has been immortalized in popular culture several times including the film 'Miracle on 34th Street' (1934).

Credit: Birdienest81

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