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Urban Might

15 hours ago ago from Net Lease Insider

Wal-Mart and Target plan on developing smaller stores in order to penetrate the urban market. By decreasing square footage, entrance will be easier, allowing companies to take advantage of low prices in high traffic areas. This continues the recent trend of urban expansion, demonstrating the strong attractiveness of that market. Typically, urban areas are associated with higher “real estate and fixed costs”, rendering big box stores ...

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