Macy's closing 4 Downtown stores across US

[Crawford]

There are only like five cities in the U.S. with a healthy downtown environment for multiple department stores.

I guess only NYC, SF, Chicago, Boston, Seattle. There are many other cities with downtown department stores, but they're usually attached to malls, or quite small/downsized, or subsidized. And these are really the only cities with a broad mix of downtown stores (you might throw in Philly too; I'd say it's borderline because it has Walnut Street shopping, and a nice old Macys, but it's still not the main shopping game in the area).

For whatever reason, and with a few exceptions. the U.S. market isn't really into traditional downtown department store shopping.