ABRAHAM & STRAUS

Abraham & Straus was a department store, founded in 1865 by Joseph Wechsler and  Abraham Abraham. The store was located in Brooklyn, New York, and was known as Wechsler & Abraham.  In 1893, Wechler's share of the company was bought by the Straus family, who also owned shares in Macy's.  The store then became known as Abraham & Straus, or simply, A&S. During the 1910s, the Straus family separated their interest in the two stores, with Abraham & Straus going to one branch of the family, and Macy's to the other.

In 1929, A&S joined with Bloomingdales, Filene's and Lazarus to form Federated Department Stores, Inc.  Through the depression, A&S managed to stay open by cutting employee pay and through creative scheduling of employee hours.  As a result, no A&S employees lost their jobs due to the economic crisis of the 1930s.

Through the 1950s, 60s and 70s, Abraham & Straus expanded into different markets, opening stores throughout the greater NYC area. 

In 1994, Federated Department Stores bought the bankrupt Macy's, and combined them with A&S.  In 1995, the Abramham & Straus name was dropped, and the stores were renamed as Macy's.  The large A&S flagship  store in Brooklyn is still open as Macy's.