Macy's is America's most renowned department store. It's most famous store is the one in New York City, which is said to be the "world's largest." Macy's is rich in history and most reputable for starting the tradition of the Macy's Thanksgiving Day Parade. It is part of Federated Department Stores, the corporation that currently consists of some of the most profitable stores in the country. Because of its vast success and appeal Macy's has been a model for other department stores throughout the years.