'Urban Format' Stores: Big Boxes Are Shrinking

In a "surprising reversal" big retailers are downsizing stores in response to demographic and real estate realities.

1 minute read

May 30, 2002, 2:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"Some of the nations leading big-box retailersWal-Mart, Home Depot and Best Buy among themare opening Mini-Me versions. For some chains, its a strategy driven by real-estate constraints and demographics. But its also driven by a sense that although shoppers love megastores huge selection and low prices, theyre getting tired of spending Saturday afternoons trudging through stores the size of airplane hangars."

Thanks to Abhijeet Chavan

FULL STORY: Honey, I Shrunk the Store

Thursday, May 30, 2002 in Newsweek

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