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Macy's History: From Small Dry Goods Store to Global Retailer

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Over the course of 160 years, Macy's (M) - Get Report has established itself as one of the most iconic retailers in the United States, if not the world.

From introducing 'novelties' such as colored bath towels to a certain parade you might watch on Thanksgiving, it's hard to imagine a holiday season without that omnipresent red star. 

How Did Macy's Get Its Start?

1844: The son of a Nantucket shopkeeper, R.H. Macy opened his own needle and thread store in Boston. That shop didn't work out...but Macy persevered.

1858: Macy gave it a go in New York City, opening up what was called a "fancy shop". It opened in the low rent district on 14th and 6th Avenue.

And well, we know that so much more has happened since then. Watch the video for a video history.

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