Yesterday WWD reported (subscription required) that Macy’s is shutting down five of its stores. None are in Chicago, but some analysts predict a stunning wave of retailer closings in the coming year:

There could be over 10,000 store closings in malls in 2010, according to Michael Burden, principal at ExcessSpace Retail Services, which helps retailers rationalize their real estate portfolios and negotiate with landlords. In 2009, about 7,000 stores closed, though there were predictions of 12,000 to 14,000.