Complex sentence: A new rumor also has been circulating that in 2007, the Macy's in the plaza mall and a Saks Fifth Avenue will take its place this would give the mall another high-end department store along with Neiman Marcus.
Split into simpler sentences: A new rumor also has been circulating that in 2007, the Macy's in the Plaza would be closed, and a Saks Fifth Avenue will take its place. This would give the mall another high-end department store along with Neiman Marcus.