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Isidor Straus (February 6, 1845 – April 15, 1912) was a Bavarian-born American businessman, politician and co-owner of Macy's department store with his brother Nathan. He also served for just over a year as a member of the United States House of Representatives , representing the state of New York . [ 2 ]
Straus and his brothers sold crockery to R. H. Macy & Company department store.The brothers became partners in Macy's in 1888 and co-owners in 1896. In 1893, he and Isidor bought Joseph Wechsler's interest in the Abraham and Wechsler dry-goods store in Brooklyn, New York, which they renamed as Abraham & Straus.
Jesse Straus was born in Manhattan on June 25, 1872, as the eldest son of the German immigrants Isidor Straus (1845–1912) and Ida Straus (1849–1912), both of whom died in the sinking of the RMS Titanic. Isidor was co-owner of the department store R.H. Macy & Co., along with his uncle Nathan Straus.
When Isidor traveled as part of his duties as a U.S. Representative for New York, or as co-owner of Macy's, they exchanged letters daily. She and Isidor had seven children: Jesse Isidor Straus (1872–1936) who married Irma Nathan (1877–1970), and served as U.S. Ambassador to France, 1933–1936
Macy's, Inc. (previously Federated Department Stores, Inc.) is an American holding company of department stores.Upon its establishment in 1929, Federated held ownership of the regional department store chains Abraham & Straus, Lazarus, Filene's, and Shillito's.
1800s-The store was founded in 1865 in Brooklyn, New York, as Wechsler & Abraham by Joseph Wechsler and Abraham Abraham.In 1893, the Straus family (including Isidor Straus and Nathan Straus), who acquired a general partnership with Macy's department stores in 1888, bought out Joseph Wechsler's interest in Wechsler & Abraham and changed the store's name to Abraham & Straus.
Macy's (originally R. H. Macy & Co.) is an American department store chain founded in 1858 by Rowland Hussey Macy.It has been a sister brand to the Bloomingdale's department store chain since being acquired by holding company Federated Department Stores in 1994, which renamed itself Macy's, Inc. in 2007.
Macy moved to New York City in 1858 and established a new store named "R.H Macy Dry Goods" at Sixth Avenue on the corner of 14th Street, significantly north of other dry goods stores of the time. [ 4 ] [ 5 ] On the company's first day of business on October 28, 1858, sales totaled $11.08, equal to $389.48 today.