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Big-Box Giants Downsize to Drive Productivity with Smaller, Urban Stores

Home Forums General Columbus Discussion Shopping Big-Box Giants Downsize to Drive Productivity with Smaller, Urban Stores

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  • #85988
    Walker Evans
    Walker Evans
    Keymaster

    BIG-BOX GIANTS DOWNSIZE TO DRIVE PRODUCTIVITY WITH SMALLER, URBAN STORES

    MAR 30, 2011 8:06 AM, BY ELAINE MISONZHNIK

    As U.S. chain retailers absorb the lessons of the Great Recession, many big-box chains have started to shrink average store footprints to reflect the growing importance of multi-channel shopping, adapt to urban settings and recognize the need to optimize portfolios.

    Wal-Mart Stores Inc., Target Corp., Best Buy Co. Inc. and Gap Inc., among others, all have small concepts in the works or are adapting existing ones. These smaller store formats should allow the retailers to maximize profitability and open more stores in closer proximity to each other, say three retail consultants and a retail real estate broker Retail Traffic spoke to.

    READ MORE: http://retailtrafficmag.com/retailing/analysis/big_box_giants_downsize_03302011/

    #438755

    oscars02
    Member

    It is about time, having a handicapped family member, I realize how inconvient those big stores are!

    #438756

    News
    Participant

    Why In-Town Big Box Stores Might Not Be As Awful As You Think
    EMILY BADGERFEB 10, 2012

    City-dwellers love to rag on big box stores. They’re large and ugly and kind of dehumanizing. They require vast seas of surface parking. They sell the antithesis of the idealized urban shopping experience, in which a shopper on foot might hit multiple locally owned specialty shops for her hardware, her art supplies and her bubble bath.

    What’s there to possibly like about the big-box alternative?

    READ MORE: http://www.theatlanticcities.com/neighborhoods/2012/02/why-town-big-box-stores-might-not-be-awful-you-think/1191/

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