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Crash of 1929 »

Posted on 14 Apr 2011 | 4,687 views
Macy Department Stores Stock After 1929 Crash

Macy’s was founded by Rowland Hussey Macy, who between 1843 and 1855 opened four retail dry goods stores, including the original Macy’s store in downtown Haverhill, Massachusetts. The Stock Market “Crash of ’29” and the following 1929-1932 Bear Market erased over 90% of “Macy’s” stock value.