One of the most visited areas of San Francisco during the holiday season is Union Square.
People flock to that part of the city to complete their Christmas shopping, gather with friends to ice skate, and during the rest of the year, they go there to dine at the Cheesecake Factory and enjoy the view from the top of Macy's.
But all that could change as the New York-based company announced today 150 stores will close across the nation as early as next year, and the iconic Union Square location is on the chopping block.
For a closer look, KCBS Radio news anchor Bret Burkhart spoke with Chris Thornberg, founding partner of Beacon Economics in today's edition of The State of California.