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The Stock Market Project: Macy's Federated Department Store

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The Stock Market Project is to teach students about how a stock market works. This will help them develop great understanding of it and could have an easier way of monitoring their money. It is important that one understands how the stock market works before they invest their money into it. While doing this project it will give a sense of experience to the students that do so. Help them comprehend what the future will bring them if they do decide to invest their money in a corporation one day. Many people these days are investing a lot of money into major corporations, and this is why one must know in what they are getting themselves into before do so. It is better if investors monitor the company of their choice for a certain period of time …show more content…

Macy’s expansion to more than I million square feet of space and almost took over 7th Ave in 1924, made Macy’s Herald Square “World’s Largest Store”. In 1918, R.H Macy & Co. made $36 million in annual sales. In 1924, the first Macy’s Christmas parade was created by Macy’s immigrant employees to celebrate a new American heritage, which now instead of the parade for Christmas now it’s for Thanksgiving. In 1992, Macy’s went bankrupt and therefore had to shut down several stores. Federated Department Stores, Inc. acquired R.H. Macy & Co. in 1994, making them the world’s largest premier department store company. On 2005, Macy’s had more than 400 stores throughout the US, creating them the nation’s second largest department store chain. As of January 2014, Macy’s had over 850 department stores in the US, Puerto Rico, Hawaii, and Guam and making them the largest U.S department store company. Macy’s main competitor is JCPenney, both striving to attract customers and gain more popularity than they have already obtained. They are aware that location is very important to get more customer attraction and easier access to their stores. For example, Manhattan, New York, being home of the tourists and having such great …show more content…

With 882 stores and $8.4 billion of sales and 104,000 associates in 1985. Walmart expanded into Wisconsin and Colorado being the first stores to open in Minnesota in 1986. During Walmart’s 25th anniversary in 1987, Walmart was able to track inventory, sales and send instant communication to their stores. As the technology advanced they had equipped 90% of their stores with barcode readers. In 1988, Sam Walton stepped down as Chief Executive Officer and made David Glass Executive Officer instead. The first Walmart Supercenter was introduced in Washington, Missouri in 1988. With additional features such as optical center, tire and oil change shop, one- hour photo processing lab and a portrait studio. In addition Walmart also has numerous alcove shops such as banks, hair and nail salons, cellular telephone stores, video rental stores, and other fast food outlets. Walmart became the most profitable retailor in the United States in 1988. Though it could not outsell Sears and K-mart. In 1991, Walmart expanded worldwide and opened their first outside the United States in Mexico

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