Crain's Daily Gist

Retailers including Macy’s, Express and Uniqlo have closed locations on the Magnificent Mile while still maintaining a presence on State Street. Commercial real estate reporter Alby Gallun joins host Amy Guth to explain why. Plus: City extends the deadline for casino bidders by two months, Illinois’ pension debt hits a record high, YMCA names the first woman CEO in its 170-year history and McDonald’s investors demand board files on ousted CEO's affairs with employees.