Macy's
American department store chain
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January 2025 | Macy's announced plans to close 66 store locations, including landmark stores in Manhattan, Philadelphia, and Brooklyn. |
2024 | Macy's announced a delay to their third quarter earnings release due to an employee's scheme to hide approximately $132-155 million of expenses. |
February 2024 | Announced plans to close up to 150 underperforming stores by the end of 2026, with 50 stores closing by end of 2024 (later increased to 65). |
November 2023 | The parade started half an hour earlier at 8:30 am, marking the first time in almost a century. Pro-Palestinian protesters disrupted the parade at three locations, with some protesters wearing white jumpsuits covered in fake blood and gluing themselves to the parade route. |
November 2022 | The NBC broadcast was hosted entirely by women for the first time, as Al Roker was unable to host due to blood clots in his legs and lungs. |
November 2021 | Announced free education program and raised base salary to $15 per hour. |
November 2021 | The Macy's Thanksgiving Day Parade returned to its traditional in-person procession with 6,500 participants marching. |
August 2021 | WHP Global announced Toys 'R' Us would open 400+ stores within Macy's starting in 2022. |
2020 | Macy's store in Seattle, formerly The Bon Marché, was closed. |
2020 | Closed Cincinnati headquarters, consolidating operations in New York City. |
November 2020 | Due to the COVID-19 pandemic, the parade was downsized and closed to the public, becoming a broadcast-only event with 88% fewer participants and strict social distancing measures. |
June 2 2020 | Continuation of looting attempts at Macy's Herald Square during the George Floyd protests, symbolizing the store's financial challenges after being forced to close during the COVID-19 pandemic in New York City. |
June 1 2020 | During the George Floyd protests in New York City, 17 people attempted to loot Macy's Herald Square. The store, which had been boarded up on May 31, was targeted as part of a series of looting incidents in Midtown Manhattan but was ultimately thwarted by the NYPD. |
February 2020 | Macy's updated its tower plans, specifying a structure over a certain height with a sky lobby, and proposing improvements to the surrounding area. |
2019 | Macy's unveiled initial plans to build an office building atop the existing Herald Square store. |
2019 | Balloon grounding was narrowly averted, with taller balloons rotated to appear horizontal and face downward to manage wind-related risks. |
2019 | The cast of Sesame Street led the parade in honor of the show's 50th anniversary. |
November 2019 | Announced plans to test smaller 'neighborhood' stores to reduce costs and promote customer experience innovation. |
2018 | Macy's paid $75,000 to settle a disability discrimination lawsuit by the US Equal Employment Opportunity Commission for allegedly firing an asthmatic employee over a one-day health-related absence. |
November 2018 | Announced testing of smaller 'neighborhood' stores to reduce costs and promote innovation. |
November 2018 | The parade experienced its coldest temperature on record at 19°F (-7.2°C). Additionally, actresses Caitlin Kinnunen and Isabelle McCalla's kiss during The Proms performance became the first broadcast of a same-sex kiss in the parade's history. |
June 2018 | Made a minority investment in b8ta, a retail as a service concept. |
May 2018 | Acquired experiential concept Story. |
2017 | The company considered transforming the store's roof into a park. |
2017 | Former Macy's employees sued the company, alleging they were instructed not to sell products to customers appearing to be of Asian descent at the Herald Square flagship store. |
2017 | Macy's Downtown Portland store in Oregon closed. |
2016 | Macy's explored the possibility of adding one or two towers to the building to potentially house hotel or office space. |
2016 | Macy's store in Minneapolis ceased operations. |
September 2016 | Announced opening of an Apple Store in its flagship location, the first department store to host an Apple store. |
August 11 2016 | Announced closure of 100 stores in early 2017, expecting to save $550 million and cut more than 10,000 jobs. |
January 2016 | Announced layoffs of up to 4,800 employees. |
November 2015 | Renovation of the Macy's Herald Square flagship store was completed, though the company continued to make modifications to suit changing customer preferences and maximize real estate potential. |
September 9 2015 | Announced plans to close 35 to 40 under-performing stores by early 2016. |
July 13 2015 | Sold former Kaufmann's flagship store in Downtown Pittsburgh after 128 years of operation. |
January 2015 | Announced closure of 14 stores nationwide and shift of 830 workers from Macy's and Bloomingdale's stores. |
2014 | Macy's paid $650,000 to settle claims of racial profiling of minority customers at their stores. |
October 28 2014 | Announced extension of lease-operation agreement with Al Tayer Group LLC to bring first Macy's store to Abu Dhabi, planned to open in 2018. |
2013 | Macy's Downtown St. Paul store closed. |
2012 | Macy's began the first full renovation of the iconic Herald Square flagship store, with a reported cost of $400 million, designed by Studio V Architecture. |
November 2011 | For the 10th anniversary of the September 11th attacks, the parade invited family members from Tuesday's Children to cut the ribbon and lead the parade. |
This contents of the box above is based on material from the Wikipedia articles Macy's Herald Square, Macy's Thanksgiving Day Parade & Macy's, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.