Nathan Straus, a Jewish-German immigrant, rose to become co-owner of the largest department stores in Manhattan and Brooklyn, significantly impacting public health through his philanthropic efforts.
Your memories of Macy's might include back-to-school shopping or perfume samples in the beauty department, but Macy's array of kitchenware spans from small appliances like Nespressos and air fryers, to cutlery from J.A. Henckels and cookware sets from Caraway. There are high-end brands like Le Creuset and All-Clad ( the absolute best cookware brand for a lifetime of use, according to Reddit), to middle and lower-tier brands like Farberware and Sedona Kitchen.
Before the rise of direct-to-consumer (DTC) furniture brands, department stores were some of the most common places to buy furniture for the home. While there are now tons of different retailers to shop for a couch, including online-only big-box stores, department stores shouldn't be slept on. In particular, Macy's offers tons of well-made pieces at affordable price points, including customizable sectionals, small space-friendly sofas, and stylish couches that are perfect for the modern home.
Attention Macy's shoppers, the downtown SF Macy's was evacuated late Saturday afternoon after reports of an "explosive device,' though a bomb squad did not find any evidence of explosives, and the store reopened for business Sunday. If you were in Union Square late Saturday afternoon of this weekend, you may have noticed a strange scene and some heavy law enforcement presence around the O'Farrell Street Macy's store.
CEO Tony Spring told investors on Macy's earnings call that higher-income households are driving part of the recovery. Spring said that more than 50% of Macy's customers come from households earning over $100,000. "While we have exposure to lower income levels, it's not nearly what it was," he said, adding that Macy's also reaches more affluent consumers through its Bloomingdale's brand. "I think as you go by income level, you certainly see a healthier performance in the higher tiers of income."
"Macy's Media Network is an important first domino to fall for Amazon Retail Ad Service," Lipsman told Retail Brew in an email, "but it's still an open question whether Amazon can secure other large retailers and build momentum."
