Second City Cop takes note:
Macy’s is closing its flagship store in Water Tower Place, creating a huge vacancy on the Magnificent Mile during an already challenging time for retail landlords.
The 170,000-square-foot store in the North Michigan Avenue vertical mall will close after a clearance sale that starts this month and will run for 8 to 12 weeks, Macy’s said Tuesday.
That is a big deal. High-end stores are not usually victims of Amazon, so that's not an excuse.
Reality? The thuggery going on at the Mag Mile.
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