[NautiNurse]

A big problem for these retailers is that the disposable incomes are leaving the dying, older cities and heading to growing cities in the South.

New Macy's stores opening in:

-- University Town Center, Sarasota, FL (160,000 square feet; to open in fall 2014; approximately 175 associates);

-- Shops at Summerlin, Las Vegas, NV (180,000 square feet; to open in fall 2014; approximately 160 associates);

-- Mall at Bay Plaza, The Bronx, NY (160,000 square feet; to open in fall 2014; approximately 225 associates);

-- Plaza Del Caribe, Ponce, PR (150,000 square feet; to open in fall 2015; approximately 275 associates);

-- Mall at Miami Worldcenter, Miami, FL (195,000 square feet; to open in fall 2016; approximately 150 associates).

[kearnyirish2]

The Bronx store surprises me, though NYC has fended off population losses by throwing open its doors to illegals. NYC is filled with foreigners now.