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Fortune
Fortune
Dave Smith

How Macy's, a department store chain founded when Abraham Lincoln was alive, created America's biggest parade of the year

Buzz Lightyear float in the Macy's Thanksgiving Day Parade

For millions of Americans, Thanksgiving morning begins the same way: in front of a television, watching giant character balloons float down Manhattan’s streets while professional dancers, elaborate floats, and celebrity performers parade past.

The Macy’s Thanksgiving Day Parade drew over 31 million viewers across the U.S. last year, including about 3.5 million people who actually lined up on New York City’s streets to watch it in person. But this annual tradition didn’t come from some corporate strategy, but from an idea that Macy’s employees brought directly to company leadership over a century ago.

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