How Macy’s Went From Retail Pioneer To Dying Department Store | Business Insider Explains

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?

MORE BUSINESS INSIDER EXPLAINS VIDEOS:
Why More US Banks Could Collapse | Business Insider Explains | Business Insider
https://www.youtube.com/watch?v=MPCFFVAfwYc
Why Food Recalls Are On The Rise In The US | Business Insider Explains | Business Insider
https://www.youtube.com/watch?v=xaRRife6ntQ
From Bitcoin To Alt Coins And Meme Coins, What Crypto Are Worth The Hype And What’s Not
https://www.youtube.com/watch?v=eTOK6VCCg4Q

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 Fast-Fashion Giants
07:20 – Macy’s Closes Stores And Layoff Staff
07:53 – Executive Shake-Ups at Macy’s
08:58 – Credits

——————————————————
#macys #retail #businessinsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

Visit our homepage for the top stories of the day: https://www.businessinsider.com
Business Insider on Facebook: https://www.facebook.com/businessinsider Business Insider on Instagram: https://www.instagram.com/insiderbusiness Business Insider on Twitter: https://www.twitter.com/businessinsider
Business Insider on Snapchat: https://www.snapchat.com/discover/Business_Insider/5319643143
Business Insider on TikTok: https://www.tiktok.com/@businessinsider

How Macy’s Went From Retail Pioneer To Dying Department Store | Business Insider Explains

Related posts