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Macy’s vs Gimbels - Showdown over Manhattan | 3

Business Wars

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Echoes of Loss and Competitive Turbulence in Retail

This chapter explores Nathan Strauss's personal losses and the sale of his Macy's stake, triggering a shift in the company's leadership. As the Gimbel brothers gear up to contend with Macy's, the retail environment in New York City becomes tense, hinting at future challenges including a merger and a looming stock market crash.

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