Macy's is in the process of working out a deal to bring a 20,000 square-foot grocery store to the basement of its State Street flagship location in Chicago sometime early next year. Does it make more sense to lease space to an existing grocer or for a department store to operate its own branded grocery? Will adding a grocer such as Trader Joe's or Whole Foods to the State Street location be effective in helping Macy's regain lost sales by bringing in new customers?

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