Recent reports have revealed weaknesses in the big box business model. Will Wal-Mart’s new urban stores be as successful as its outdated model?
Several recent articles have examined the evolving business model exemplified most famously by Wal-Mart.
Krystina Gustafson reported that revenues for big box retailers like Wal-Mart declined as gas prices rose around the country in recent years.
Meanwhile, Charles Marohn wonders how willing taxpayers will be to subsidize the shift in business models after “peak Wal-Mart.”
And Edward McMahon provides an in-depth examination of new urban Wal-Marts, for example two new stores that opened on December 4, 2013, in Washington D.C.—one of which has neither surface parking nor setbacks.
FULL STORY: Walmart Stores Go Small and Urban
Mega-Retailer Revives Effort to Move Into New York City
Wal-Mart has started a major public relations effort to try to get the public behind plans to open several of its big box retail stores in New York City.
Wal-Mart Light: Big Box Store Goes After the Urban Market
Wal-Mart announced a new "urban strategy" to move into cities that have traditionally been hostile to the big box retailer. Smaller format stores will concentrate on selling groceries, which account for about half the company's sales already.
Retail Space Shrinking Again in 2018
Because of closures at big box stores like Toys R US, 2018 will see total retail space down sharply even while the number of store closures is small compared to last year.
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
How to Make US Trains Faster
Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.
Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs
A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.
Invasive Insect Threatens Minnesota’s Ash Forests
The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.
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