27 November 1924: Macy’s first Thanksgiving Day parade

On this day in 1924, New York department store Macy's held its first Thanksgiving Day parade. It would soon become a city institution, kicking off the run-up to Christmas.

Snoopy balloon at Macy's Thanksgiving Day Parade
Snoopy is the character most associated with the parade
(Image credit: © KENA BETANCUR/AFP via Getty Images)

For millions of Americans, watching the Macy's Thanksgiving Day parade is as traditional as eating candied yams and pumpkin pie. Its origins go back to 1924, when the first parade was held. But back then, it was feted as the Macy's Christmas parade, and like today, it heralded the beginning of the festive season.

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Chris Carter
Wealth Editor, MoneyWeek