Quote:
Originally Posted by Cornell
As the malls moved in and grew, and as Walmart choked out locally run small business, I say it it is good to see them go...I detest big box stores and avoid patronizing them as much as possible.....really missing the local lumber yards made extinct by the likes of Home Depot.
Expect to see a rise once again of locally owned and operated small stores (mom and pop stores also) servicing the neighborhood needs left vacant by the giants dying. There is a time and a season, and opportunity is once again coming 'round.
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SEARS at a Mall? DYING quickly.
SEARS Hometown and Outlet, one of the fastest growing franchises.
Home Depot and Lowes? Still OK, but
ACE Hardware also a fast growing "mom and pop" feel type store as is
Tractor Supply Company, serving smaller towns and doing very well.
Best Buy? What could you do with the one soon to be vacant near you? I think some sort of a game center or just a warehouse might work.
Walmart closing? YIKES, but, don't forget the roots, small town five and dime stores with a bit of everything at low prices...today's version:
Dollar General (and most dollar type stores are thriving)...
Bad news for middle class malls...those appealing to the affluent, with their designer brands, are looking good. Perhaps further proof of the growing chasm between the haves and the have nots.
Gordon J