Lifestyle Changes (shopping closer to home)

For decades ,Wal Mart “America’s retailer” built its stores on the edge of town where land cost were low.   People drove across town to shop at its stores.

Rising gas prices is slowly reshaping where we shop.    Driving cross town can reverse cost savings as a result many american’s are shopping closer to home.   This trend is affecting the big box discounters.   While Macy’s, Penney’s have seen major increases, Wal Mart stores has declined in the last two years.

Wal Mart is losing the lower end to the 99 cents stores and the middle income shoppers to Target and local Supermarkets.        The 99  only cents stores  and similar stores are expanding rapidly due to the soft commercial real estate market, moving into existing neighborhoods.

Of the big box retailers only Costco Wholesale is seeing continued growth.   Unlike Wal Mart , Costco shoppers tend to be middle and higher income.

While high gas prices and competition from the 99 cents stores and Target has hurt Wal Mart, traditional Supermarkets are holding steady for now.

Published by CityFella

Moved to the Big Tomata in the nineties from San Francisco. No Suburbs for me with its single colored houses and lawns and the excitement of pulling out my trash can once a week. I'm a CityFella , a part time New Yorker. I'm happiest in the Center City where people the streets and people are alive. I'm still waiting to buy a 34th floor condo somewhere downtown/Midtown with a nightclub. "Hurry I'm old" My politics are somewhere in the middle with a needle that constantly moves. I'm too liberal to be a Republican and too conservative to be a Democrat. Everything interests me . I've come to love Sacratomato, Its a nice town in cheap sensible shoes .

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