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Macy's Union Square. Coordinates: 37.78702°N 122.40738°W. Signage on oldest part of the store, O'Farrell and Stockton. Macy's Union Square (the location of the Macy's department store chain located on San Francisco 's Union Square) is one of the retailer's largest and oldest locations, long the flagship of Macy's California, then Macy's West.
King Princess (great-great-grandchild) Stockton Rush (great-great-grandson in law) Rosalie Ida Straus (née Blun; February 6, 1849 – April 15, 1912) was a German-American homemaker and wife of Isidor Straus, U.S. Congressman and co-owner of the Macy's department store. She and her husband died during the sinking of the Titanic.
On February 2, 2009, Macy's announced the elimination of 7,000 jobs, or 4% of its workforce, and slashed its dividend as it looked to lower expenses as part of a major restructuring. Cincinnati-based Macy's Inc. stated that the workforce reduction included positions in offices, stores, and other locations, and the cuts include some unfilled jobs.
Plan to turn around retail business will see its least profitable stores closed, thousands of corporate job cuts, and the shuttering offices. Macy's to close 125 stores, shed 2,000 corporate jobs ...
Macy’s is laying off about 3.5% of its workforce, or roughly 2,350 employees, and closing five stores as it continues to shrink its massive retail business for the online shopping era.
Macy’s has announced it is cutting 2,350 jobs and closing five stores across the U.S. The news was shared via a staff memo, per reports. Credit - Jonathan Wiggs/The Boston Globe—Getty Images
The building, fully visible, in 1907. The Million Dollar Corner is a small building next to Macy's Herald Square at 1313 Broadway, at the corner with 34th Street, in Herald Square, Manhattan, New York City. On December 6, 1911, the five-story building sold for a then-record $1 million (equivalent to $32.7 million in 2023).
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