The death toll for retail locations continues to grow.
Macy’s is closing its flagship store in Chicago’s Water Tower Place. The move creates a huge vacancy on the
city’s Magnificent Mile during an already challenging time for retail landlords, according to the
Chicago Tribune. The 170,000-square-foot store
will close after a
clearance sale that starts this month and will run for 8 to 12 weeks, Macy’s announced in a statement Tuesday.
Read the whole story at Chicago Tribune »