Retailers worry about loss of another elite store
This kind of store sounds like a very specialized type of store. It would not rely on foot traffic or location as its means of attracting business. Instead it would rely on targeted advertisement and reputation. This store stayed downtown out of ease. Why more when it matters not where their store is (with in reason). I would bet their rent went up, or property taxes went up if they own, or they wanted a newer facility. I really doubt they left because of downtown. If we really ask why, I think the answer is they felt slighted. Saks got help, and they got the cold shoulder.