Macy's

'''Macy's IP Holdings, LLC doing business as Macy's''', is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenue between 13th and 14th Streets, south of the present-day flagship store at Herald Square on West 34th Street that opened in 1902. It expanded beyond the New York metropolitan area by acquisitions and conversions of regional department stores, facilitated by the purchase of Macy's by Federated Department Stores in 1994. It achieved a national footprint with the acquisition of The May Department Stores Company by Federated in 2005, which resulted in the conversion of its department stores to Macy's in 2006 and the renaming of Federated to Macy's, Inc. in 2007. Macy's is also a sister brand to the upmarket Bloomingdale's department store chain and Bluemercury beauty store chain.

Macy's is the largest department store company by retail sales in the United States, with 94,000 employees and an annual revenue of $25.3 billion . It operates 450 locations in the country and its territories Puerto Rico and Guam . Macy's Herald Square is one of the largest department stores in the world, spanning approximately of selling space and covering nearly an entire New York City block; its value is estimated at $3 billion. Macy's has conducted the annual Macy's Thanksgiving Day Parade in New York City since 1924 and has sponsored the city's annual Macy's 4th of July Fireworks since 1976.