Macy's is a chain of mid-range American department stores with its flagship store in Herald Square, New York City, which, with its one million square feet of selling space has been billed as the "world's largest store" since completion of the Seventh Avenue addition in 1924. The company also operates two other national flagship stores, at San Francisco's Union Square and the former Marshall Field's flagship Marshall Field and Company Building on State Street in the Chicago Loop.
Additionally, four divisional flagship store locations are part of the legacy of various acquisitions by Macy's over the years — Atlanta, representing the former Rich's chain; Miami, where Burdines formerly operated; St. Louis, former headquarters of May Department Stores and its Famous-Barr division; and Seattle, which was the location of The Bon Marché.
The company produces the annual Macy's Thanksgiving Day Parade, a well known parade which was started in Newark, New Jersey by L. Bamberger & Co. and has been held on the streets of New York City annually since 1924.