Business & Finance: Bamberger to Macy

"I want you to notice this corner very carefully. Florence. A half-century hence the business of New York will be centred between 34th and 42nd Streets. Here is to be the future business of this wonderful city."

So, in 1870, said Captain Rowland H. Macy, onetime whaling skipper, then a storekeeper, to his daughter. Thirty-two years later the R. H. Macy & Co. store was located on the corner (34th and Broadway) which the Captain had pointed out. Last week Macy's climaxed more than 70 years of steady...

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