How Macys Went From Retail Pioneer To Dying Department Store | Business Insider Explains [WKqYRipszAh]
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? 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 MORE BUSINESS INSIDER EXPLAINS VIDEOS: Why More US Banks Could Collapse | Business Insider Explains | Business Insider Why Food Recalls Are On The Rise In The US | Business Insider Explains | Business Insider From Bitcoin To Alt Coins And Meme Coins, What Crypto Are Worth The Hype And What's Not 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: Business Insider on Facebook: Business Insider on Instagram: Business Insider on Twitter: Business Insider on Snapchat: Business Insider on TikTok: How Macy's Went From Retail Pioneer To Dying Department Store | Business Insider Explains