Wal-Mart is seeing the future, and the future isn’t more shoppers driving through stop-and-go traffic to big boxes at the edge of town. It’s online shopping. The giant retailer plans to plunk down a princely $3.3 billion for Jet.com, an e-commerce company. Using the same crystal ball, Macy’s says it will close at least 100 stores, many in malls that have seen better days.
Where does retailing in our city centers and on our Main Streets fit into this story? The answers are not simple.