Bloomingdale's
Bloomingdale's, the glamorous department store that defines New York's retail chic, was founded in 1861 by brothers Joseph and Lyman Bloomingdale. Known for its iconic "Big Brown Bag" and sprawling 59th Street flagship, Bloomingdale's is where the city’s fashion-conscious have flocked for over a century. Defining moments in its storied history include its expansion in the 1970s into a nationwide chain and its starring role in the 1980s consumer culture, immortalized in films like "Splash" and "Mannequin." Valued at $1.5 billion, Bloomingdale's continues to be a Macy's Inc. crown jewel, though not without its scandals. The store has faced controversies, including racial profiling accusations and labor disputes, casting a shadow over its glittering façade. Key figures like CEO Tony Spring steer this retail titan through the choppy waters of modern commerce. Bloomingdale's blend of high fashion and downtown edge keeps it relevant in an ever-changing market, making it a perennial favorite of the city’s elite and a must-visit for tourists desperate to bring a piece of Manhattan magic home. Yet, beneath its polished surface, the store's challenges reflect the broader struggles of brick-and-mortar retail in a digital age.