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A comment on Walmart Didn’t Kill the Small Town, It Is the Small Town. Parent comment

Re:Walmart Didn’t Kill the Small Town, It Is the Small Town by no_wizard on Friday July 28, 2023 @11:25AM (#36908258)
This happened in 2008 too with the housing downturn. Part of the store boom I participated in was fueled by that growth.

The problem is they can’t manage to keep most of them once the economy bounces back, and growth slows significantly (their top line growth was only 2-4% per year for most of the 2010s and they still aren’t profitable on e-commerce)

Maybe since inflation is a different beast it will capture more consumers like this, we shall see

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Re:Walmart Didn’t Kill the Small Town, It Is the Small Town by gottorf on Friday July 28, 2023 @11:41AM (#36908548)
We shall see, indeed. I believe that this round of inflation is going to stick around for a while for to geopolitical reasons: decreasing globalization, China no longer exporting deflation to the rest of the world. As someone who has only ever seen sovereign bond yields go down over time, it'll be interesting.
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