Friday, February 27, 2009

Too Much Retail Space in America

TWR had an interesting article this week titled Going Beyond Core Retail Sales Growth (note: free registration required). Here’s a chart of real retail sales per square foot of retail space:

image

There seems to me to be a clear link between this trend and the tremendous expansion of retail outlets See this link for visualizations of Target and Wal-Mart expansion. Do we really need all those stores?