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The Bloc (stylized as THE BLOC), formerly Macy's Plaza and Broadway Plaza, is an open-air shopping center in downtown Los Angeles at 700 South Flower Street, in the Financial District. Its tenants include the downtown Los Angeles Macy's store, LA Fitness , Nordstrom Local, UNIQLO , and the Sheraton Grand Los Angeles hotel.
Macy's also got rid of its division structure and integrated its functions into one organization. Macy's central buying, merchandise planning, stores senior management and marketing functions merged to its New York City corporate office (formerly Macy's East). Corporate-related business functions, such as finance and human resources, will be ...
In 1995, Federated Department Stores (now Macy's, Inc.), which owned both Macy's and I. Magnin specialty department stores, closed the I. Magnin chain. Macy's 1929/1948 building and its Union Square-facing buildings formed an "L" shape surrounding the I. Magnin Union Square store at the southwest corner of Stockton and Geary streets, built in 1946.
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Macy's future is a smaller company, predicted Swartz, though its current market cap of less than $5.5 billion reflects that reality. In the meantime, Spring's work has just begun.
Developed by Sol Atlas, [3] Cross County Center opened in 1954 as one of the nation's first open-air shopping destinations. Its parking lot was built atop a former peat bog. [ 4 ] The 72-acre site included the Cross County Hospital in the middle of the mall campus complete with a rooftop helipad (the hospital closed in the early 1980s). [ 5 ]
Former Macy's logo, until 2019, although it is seen on many storefronts. Rowland Hussey Macy opened four retail dry goods stores between 1843 and 1855. One of them was the original Macy's store in downtown Haverhill, Massachusetts; it opened in 1851 to serve the mill industry employees of the area.