Mark Knows It All

Macy's Headquarters in Cincinnati, Ohio Business Week magazine had an interesting article this week about Macy’s Department Store. Apparently the powers that be have decided that their stores need to be more “local” in character. Its regional managers now have increased autonomy to sell goods tailored to a store’s specific geographic location. For example, you can buy old fashioned coffee percolators on Long Island; boy’s formal wear in Utah; and specific types of candy in Chicago. Gee, isn’t that how it worked before Macy’s took all of the previously local branded department stores national? Well, not exactly. But the evolution of Macy’s, Inc. is a fascinating story traveling two roads; one of which began in New York City; the other in Columbus, Ohio…and even crossed roads here in Youngstown. There is ALWAYS a Youngstown connection. The Miracle on 34th Street Macy’s was founded in New York City in 1858 by Rowland Macy. The star in the logo goes back to a tattoo Mr. Macy had on hi...