, Columnist
Mall Owners to Department Stores: See Ya!
They're getting more juice out of smaller stores.
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America's second-largest mall operator has a message for department stores leaving its malls: See ya, wouldn't want to be ya.
News that Macy's plans to close 100 stores, or 14 percent of its fleet, sparked fear of other big chains such as Sears and J.C. Penney following suit. That could create a glut of vacant mall space, which might be bad news for malls that house such anchor chains.