Can you say ‘Sprawl’? Walmart’s Biggest Climate Impact Goes Ignored

Date: 29 Nov 2011 | posted in: Retail | 2 Facebooktwitterredditmail

Even as Walmart has been hyping its supposed environmental epiphany, it has continued to unroll vast, low-rise supercenters at breakneck speed. Since 2005, Walmart has added more than 1,100 new supercenters, almost all built on land that hadn’t been developed previously.… Read More

Miles Driven for Shopping Continues to Climb, But Pace Slows

Date: 6 May 2010 | posted in: Retail | 3 Facebooktwitterredditmail

While the number of miles logged going to work, social events, and other activities declined over the last decade, the number of miles families drive for shopping each year continued climb. … Read More

Midway Home Depot Dismantles Concept of Quality of Life

Date: 5 Jun 2001 | posted in: Retail | 0 Facebooktwitterredditmail

Home Depot wants to build one of its giant stores with a multiacre parking lot on the corner of Lexington Parkway and University Avenue. The St. Paul City Council has authorized city officials to negotiate a financing package with the Atlanta-based corporation that could include as much as $5 million in tax increment financing (TIF), a form of public subsidy. Once a formal plan is submitted, the City Council will vote on whether to approve the development. Supporterscontend Home Depot will generate new jobs and tax revenue. But numerous studies have found that these giant chain retailers destroy about as many jobs and as much tax revenue as they create. This is because retail spending in a given market is a relatively fixed pie. Adding a massive amount of new retail in one location — in this case an estimated $40 million in annual sales — will invariably cause revenue to decline at established local businesses.Many of these businesses will be forced to downsize or close. The resulting job and tax losses will substantially offset the gains created by Home Depot. … Read More