When was Macy's Department Store founded?


Quick Answer

Macy���s department store was first founded in 1858. At the time, it was located between 14th street and 6th avenue in New York City as a small dry goods store.

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Full Answer

Macy���s was founded by Rowland Hussey Macy. He attempted other retail ventures first, but they failed. It wasn���t until he was 36 when he opened R.H. Macy & Co. Due to this history as a sailor, he chose the red star symbol, which is still Macy���s symbol today. On the first day of business, he made $11.06. By the end of the first year, he was already considered successful, having made $90,000. It became a full-sized department store in 1877.

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