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Exactly my point. Stores do exists in the hood today, don't they? So this will stay a novelty only in few places throughout the cities, never gonna replace the
by unnouinceput 7y ago
Exactly my point. Stores do exists in the hood today, don't they? So this will stay a novelty only in few places throughout the cities, never gonna replace the existing style of stores.
- Spooky23 7y agoThey do, but usually of the bodega variety with high prices and poor products. The danger is that these new outlets keep peeling off more of the mass-affluent and working class customers that keep the other stores profitable. Just as Sears and Macy's anchored the 250 other stores in a mall, the supermarket anchors alot of other business. So we went from 80% of goods sold by tens of thousands of retailers in 1970 to dozens/hundreds in 2000 to potentially 3-5 in 2030.
- unnouinceput 7y agoAgreed. Also why you don't see Tiffany's in the hood as well. High price merchandise will always be a novelty. Amazon go and the like are high price merchandise too.