'Urban Format' Stores: Big Boxes Are Shrinking

30 May 2002 - 2:00pm

In a "surprising reversal" big retailers are downsizing stores in response to demographic and real estate realities.

"Some of the nation’s leading big-box retailers—Wal-Mart, Home Depot and Best Buy among them—are opening Mini-Me versions. For some chains, it’s a strategy driven by real-estate constraints and demographics. But it’s also driven by a sense that although shoppers love megastores’ huge selection and low prices, they’re getting tired of spending Saturday afternoons trudging through stores the size of airplane hangars."

Source: Newsweek, May 30, 2002
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.