Tesco, the third largest retailer in the world, has announced plans to open grocery locations in the United States, in California, Arizona and Nevada. The business world has been talking about Tesco taking on Wal-Mart on its own turf, even after other European grocery retailers have attempted and given up. While Read more
As many of you know, I am spending much of the summer in Greece with my wife who is working here for Harvard’s Center for Hellenic Studies. I’m trying to enjoy the water, the relaxed atmosphere and the Mediterranean climate in general. But I cant help but see things here with the eyes of an urban economist… Read more
The shift in demographics over the last 50 years starved out urban retail as the market base relocated to the suburbs. The effects of this shift are still being felt, although the current trends indicate a return to cities and urban life. As the population returns, will older models of retail resurface? Or will cities be Read more
The theory of the Community Builders and academics of the 1930’s played out far differently than intended. Rather than building villages and communities of people, the transportation infrastructure created the basis for support of the retail typologies we see in suburbs today. Read more
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