Original sentence: It is the owner of department store chains Macy's and Bloomingdale's, which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares; and Bluemercury, a chain of luxury beauty products stores and spas
Edited sentence: CEO Terry Lundgren cited "old store layouts and lack of growth potential" for the reasoning behind the sudden closings, only a few quarters after they were bought out and converted.Each store was home to many unique and beloved city traditions.It is the owner of department stores Macy's and Bloomingdale's, which specialize in the sales of clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares, and Bluemercury, a chain of luxury beauty products stores and spas.It was not until the 21st century that they started occupying historic flagship stores throughout the country and they have yet to close the downsized downtown flagship locations of former chains Jordan Marsh in Boston, Wanamaker's in Philadelphia and Marshall Field's in Chicago.Louis (Famous-Barr, 2014), St Paul (Dayton's, 2012), (Bambergers) Newark, Atlanta (Davison's), Houston (Foley's, 2012) and in Honolulu (Liberty House, 2013).The company has been well known for merging and converting many beloved chains they once considered valuable competition.The larger flagships that shuttered after conversion included Pittsburgh (Kaufmanns, 2015), St