tag:blogger.com,1999:blog-9158467536239735339.post5789377976766155648..comments2023-10-19T05:19:01.550-08:00Comments on American Dirt: The Battle of the Marts, Part II: When Wal-Mart is too high-falutin, there’s always…AmericanDirthttp://www.blogger.com/profile/04600555386886915000noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9158467536239735339.post-39849489874662122492010-01-26T08:25:15.735-09:002010-01-26T08:25:15.735-09:00re: Dollar stores
Indy has lots of examples. A ...re: Dollar stores<br /><br />Indy has lots of examples. A few recent ones: 22nd/Central (former grocery); 39th/Illinois (former drugstore); 38th/College (former grocery); Sherman/New York (former grocery); 62nd/Allisonville (former drugstore).<br /><br />Big Lots would also fall into this category; see 62nd/Allisonville (former grocery), English/Pleasant Run (not sure of prior use).cdc guynoreply@blogger.comtag:blogger.com,1999:blog-9158467536239735339.post-42214834769916357242010-01-25T16:21:21.293-09:002010-01-25T16:21:21.293-09:00To piggyback on this idea is a retail concept that...To piggyback on this idea is a retail concept that seems to be dying along a similar trajectory: the video rental store. It will be interesting to watch, as places like Blockbuster and Hollywood Video slowly implode, if the only branches that "hang on" are the ones in moderate income neighborhoods where folks are less likely to use the Internet, and therefore still shop at video stores instead of Netflix.AmericanDirthttps://www.blogger.com/profile/04600555386886915000noreply@blogger.comtag:blogger.com,1999:blog-9158467536239735339.post-36017437694800709612010-01-25T16:18:02.871-09:002010-01-25T16:18:02.871-09:00Excellent point, and I am formulating a future pos...Excellent point, and I am formulating a future post about location decisions of the dollar stores; just need a few more illustrative pics.<br /><br />I would agree with your take on Kmarts--it really is a case of demotion by attrition. I suspect they haven't opened a new branch in metro Indy in over twenty years, whereas they've closed quite a few. (A most recent example is the Kmart down in Martinsville--the competing Wal-Mart was less than a mile away.) Thus, the only Kmarts that survive are where they happen to be far enough from Wal-Mart or Target that they remain viable---which, overwhelmingly, is in lower-income areas...markets that Wal-Mart seldom and Target practically never enters.AmericanDirthttps://www.blogger.com/profile/04600555386886915000noreply@blogger.comtag:blogger.com,1999:blog-9158467536239735339.post-74003909091198136742010-01-25T08:20:01.377-09:002010-01-25T08:20:01.377-09:00I think the lack of investment this decade (due to...I think the lack of investment this decade (due to being overleveraged) has locked Kmart into locations that were not in poverty areas 30 years ago when they were built. They certainly haven't built those stores in poor areas as a strategic move. Since they are already there, they are merely adapting to their downscale surroundings.<br /><br />Contrast that with chains like Family Dollar and Dollar General that DO pop up new stores when an area declines, often in the shell of abandoned supermarkets and drugstores. Those are strategic moves.cdc guynoreply@blogger.com