As the rise of e-commerce continues unabated, brick-and-mortar retail has declined. Noah Smith, a columnist for Bloomberg View, notes that there have been nine retail bankruptcies in 2017, with J.C. Penney, RadioShack, Macy’s, and Sears each announcing more than 100 store closures. The end of physical retail is a big concern for modern U.S. cities, especially the suburbs, which are built around retail stores. However, Smith says restaurants and bars have been doing more business, and people will still cluster around schools, day-care facilities, hospitals, and other local services.
Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!
billboard
PB Topical Ref
leaderboard2
Related Stories
America's "twin dysfunctions" in its demographics, overflowing urban hubs and rural communities struggling with brain drain, has experts searching for solutions. One may be greater investment in second-tier research universities.
New multifamily product in cities and master-planned communities gets creative to maximize its potential
The Heat Island Effect, Boston's condo boom, and the proposed secession of an Atlanta suburb from the city
New alliance will make installation of IoT technology in luminaires easier, wave of sinkhole incidents implies neglected infrastructure investment, and Tesla solar roof tiles are cheaper than expected
As construction’s labor shortage persists, it may finally be time for home builders to embrace off-site fabrication
Mixed-use residential development is flourishing in key urban and suburban markets experiencing significant population growth. See how developers get the right mix of housing, retail, and other amenities to energize the surrounding neighborhood
catfish1
interstitial1