not just them - even home depot is now on the ole WMT 'rollback' bandwagon - with costco now employing the same 'merchandising strategy' - of filling up the aisles of their warehouse-retailing format with what i'd call 'discounter' junk (while the competition for their former 'mainstays' in the food aisles is heating up in the rapidly consolidating 'grocery' sector, with more than a few items now available at same or less cost than the warehouses and ya DONT have to buy a 'lifetime supply' to get a price break or 'better' meat) - with nearly all em now jumping into each others 'niches' - like the increasingly larger food sections at places like walgreens, cvs etc)
would say that its the fixed costs of real estate thats driving a lot of that - the question remains however that if the online retailing phenom ultimately succeeds, what happens to the commercial tax base in the process?
either the online distribution centers will get hit that much harder, or the municipalities will squeeze the homeowner class that much harder
read: for 'convenience' of goods consumption we'll get to pay more in property taxes?
that oughta go over big....
Maybe the death of the shopping mall could lead to an uptake in municipalities/states using mall owner like behavior.
Such as rent(tax) plus % of takings(tax).
If revenue per square foot/metre explodes for online distribution and collapses to the point of liquidation fir retail distribution, could tax assessor start chasing the remaining and higher revenue per square foot/metre in "their" municipal/state open air shopping mall?
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