Retailers leaving the neighborhood
By
Seth Mendelson
Retailers leaving the neighborhood
By
Seth Mendelson
In April, Whole Foods announced that it was shutting — temporarily for now — a brand new and quite expensive flagship store in downtown San Francisco just a year after it opened the unit to much fanfare.
At about the same time, Walmart announced that it was closing four stores in Chicago, all of them in working- and lower-class neighborhoods of the Windy City. Target got onboard earlier, announcing it was closing units in the Minneapolis and Philadelphia as well as the Washington DC, suburbs.