|"Small Box Retail"|
Willow Glen Business District
Four restaurants in this building",
the Willow Glen Town Center
"The retailer is closing big-box stores and cutting jobs to reduce costs while boosting online sales and opening smaller locations. The company said it would add 100 of its smaller-format Best Buy Mobile stores in the U.S. in the current fiscal year."This after news yesterday from U.S. Public Interest Research Group, that younger Americans are leading the trend by driving less, waiting to earn drivers licences, and putting off the purchase of an automobile. The report titled "Transportation for a New Generation", states that for the first time since the end of World War II (yes over 65 years ago), the number of miles travelled by Americans has dropped (as expressed in terms of Vehicle Miles Travelled or VMT). The report gives many reasons why, but emphasized that even when the economy rebounds the trend is expected to continue. I will be addressing the report in more detail in a later post.
|Big Box Retail Restaurant|
So the question is;
- if the Big Box format is possibly on its last legs,
- VMT has been decreasing in the U.S. for the last six years,
- and, the City of San Jose is planning to further reduce VMT in the near future.
|Customer leaving "The Plant" after |
waiting 8 minutes to cross