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
   • Why More US Banks Could Collapse | Bu...  
Why Food Recalls Are On The Rise In The US | Business Insider Explains | Business Insider
   • Why Food Recalls Are On The Rise In T...  
From Bitcoin To Alt Coins And Meme Coins, What Crypto Are Worth The Hype And What's Not
   • From Bitcoin To Alt Coins And Meme Co...  

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:   / businessinsider   Business Insider on Instagram:   / insiderbusiness   Business Insider on Twitter:   / businessinsider  
Business Insider on Snapchat:   / 5319643143  
Business Insider on TikTok:   / businessinsider  

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