Macy's

Summary

Macy's is a chain of mid-to-high range department stores headquartered in Cincinnati, Ohio and New York, New York. Its selection of clothing merchandise can vary significantly from location to location, resulting in the exclusive availability of certain brands in only higher end stores. The company has designated additional regional flagships but in major urban centers and operates a total of 800 U.S. stores (as of January 30, 2010).The company produces the annual Macy's Thanksgiving Day Parade, a well known parade which has been held on the streets of New York City annually since 1924. The company also sponsors the city's annual Fourth of July fireworks display, which began in 1976.The chain competes with Nordstrom, Dillard's, Bon-Ton and to a lesser extent Sears, JCPenney and Kohl's.Macy's was founded in 1858 by Rowland Hussey Macy.

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