A four-year, $400 million upgrade has transformed Macy’s Herald Square flagship. But for all the modernization, there is a signature element of the store that remains as is: the Otis wooden escalators—20 in all— that have been in operation for as long as 95 years.
Bloomingdale's is apologizing after critics said one of its holiday advertisements appeared to promote date rape. The luxury department store owned by Macy's Inc. apologized for the 'inappropriate' eggnog advertisement on Tuesday. [Reuters]