Steve Farmer wrote:Joseph, great idea. My second reaction was it will never happen due to economics of needing to buy/rent the real estate and make the conversions with the payback coming some considerable time later.
But now I'm thinking it's such a great idea and vision that if it were a crowdfunding project it would have a serious chance of success.
John Polk wrote:The sad thing is that they have done this mostly in smaller market regions, but only after they have driven out most/all of the competition. Entire rural communities will be turned into food deserts.
Joseph Bataille wrote:But it's my understanding (and I could be wrong) that some of the newer stores are built on conditional land leases. Many of the stores that closed were opened within the last few years. Maybe there's a loophole that might allow a city to reclaim the property or to cry "foul" against Walmart.
With that, maybe a city council might be able to change the zoning on the property to effectively make the place a "public park."
Joseph Bataille wrote:It will probably be awhile before Walmart finds a buyer for 2,000 acres of facilities and land.
John Polk wrote:These people will never again trust gigantic international corporations. They will probably join the movement towards community based businesses. In the long run, it could be the best thing to happen in many of these communities. Eat local.