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Macy's in New York City with the Empire State Building in the background. As the world's largest department store and a registered New York City landmark, Macy's is more a shopping empire than mere retailer. Nine floors of merchandise, from beauty products and men's fashion to dinnerware and designer slip dresses, fill the store's one million square feet of retail space—that's one solid city block of stuff, eight stories high. Each and every day, thousands of sightseers and city dwellers coast through the glass and wrought iron doors on 34th Street into the mammoth Herald Square flagship, Macy's home since 1902.
While the store is best known for accessible mid-range fashions, there's more than souvenir logo T-shirts, Calvin Klein sportswear and A.B.S. by Allen Schwartz celebrity-copycat gowns; Macy's inventory of housewares and kitchen gadgets exceed most other city stores, and its furniture and mattress departments are affordable alternatives to the city's higher-end designer showrooms. The company produces the annual Macy's Thanksgiving Day Parade, a well known parade which has been held on the streets of New York City annually since 1924. The company also sponsors the city's annual Fourth of July fireworks display, which began in 1976.