Cynthia Rae is closing in Uptown. The longtime boutique moved from Excelsior to Uptown just about a year ago, but apparently that was not enough to recharge the business. “The Internet has changed us, and the economy has taken its toll,” Cynthia Rae Magnuson said this week in an email to customers. “We will continue to grow our online boutique.” A progressive sale is on now, starting with 25 percent off storewide.  (Source: Mpls + St. Paul Mag – Ali Shops)