Macy's began as one of the first department stores and expanded into a retail giant with locations across the US. But now it's closing stores and cutting staff. Can Macy's survive the retail apocalypse?
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00:00 Introduction
00:31 Macy's Opens In 1858
01:01 New Pricing And Payment Strategies
02:02 Macy's Creates The Retail Santa
02:25 The Straus Family Takes Over Macy's
02:40 Macy's Moves To Herald Square
03:37 Macy's Becomes The World's Largest Store
03:45 Macy's Celebrates Their First Thanksgiving Parade
04:27 Macy's Expands All Across The US
05:20 The Fall Of Macy's
06:10 Macy's Files For Bankruptcy
07:00 Competition From FastFashion Giants
07:20 Macy's Closes Stores And Layoff Staff
07:53 Executive ShakeUps at Macy's
08:58 Credits
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How Macy's Went From Retail Pioneer To Dying Department Store | Business Insider Explains