Will it be a matter of time, before big box stores return to mom & pops, and Walmart rethinks before expanding into Spring Pond Woods?
The Wall Street Journal | Business
As Big Boxes Shrink, They Also Rethink
As Big Boxes Shrink, They Also Rethink
by Miguel Bustillo, March 3, 2011
Major big-box retailers have been shifting to smaller stores—and scratching around for more profitable ways to fill under-used spaces as they go about reinventing themselves......
Wal-Mart Stores Inc. also said last week that it was accelerating the rollout of smaller locations—40,000 square feet or less—after it reported a seventh straight quarterly decline in sales at U.S. stores open at least a year. (!... )
Read more here: http://online.wsj.com/article/SB10001424052748704728004576176601936377760.html
Major big-box retailers have been shifting to smaller stores—and scratching around for more profitable ways to fill under-used spaces as they go about reinventing themselves......
Wal-Mart Stores Inc. also said last week that it was accelerating the rollout of smaller locations—40,000 square feet or less—after it reported a seventh straight quarterly decline in sales at U.S. stores open at least a year. (!... )
Read more here: http://online.wsj.com/article/SB10001424052748704728004576176601936377760.html
As I've said all along--those who are trying to do this are very, very short-sighted. This confirms it.
ReplyDeleteHopefully the Driscoll's of the day will understand how big boxes hurt the local economy in the long run. This mayor is shortsighted.
ReplyDelete