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In late April, the American Booksellers Association (ABA) settled its antitrust case against Barnes & Noble and Borders Books for $4.7 million. The lawsuit charged the two chains with using their market power to bully publishers and wholesalers into providing special discounts and favorable terms that were not made available to independent bookstores.… Read More
In February, the Domini Social Equity Fund removed Wal-Mart from its portfolio. The decision to dump the Fund’s 1.2 million shares of Wal-Mart stock was prompted primarily by concerns about the company’s labor and human rights policies abroad. Domini had initially sought to alter Wal-Mart’s practices through shareholder activism. … Read More
Having saturated rural and suburban markets, big box retailers are making an aggressive push into central cities. In many communities, however, they are facing strong neighborhood opposition. Last year, Home Depot, which has 1,100 outlets worldwide, announced its intention to open a store in the Hollywood neighborhood of Portland, Oregon. The corporation proposed a 4-block, multistory building that would combine a 100,000 square foot store with offices, apartments, small shops, and two levels of above-ground parking.… Read More
More than 300 residents turned out for a Town Council meeting last month in Ocean Beach, California to voice their opposition to Starbucks. The chain plans to open a store on Newport Avenue, one of the main drags running through this town of 15,000 just north of San Diego. "There has never been a chain store on this street," noted Dawna Perkins, a member of the Town Planning Board. Ocean Beach is home to numerous locally owned businesses, including eleven coffee shops. … Read More
Vermont is home to more than 250 country stores, many of which have been the center of their communities for well over a century. Country stores are as varied and unique as the towns they serve. Most are small, cozy, locally owned and operated, and housed in historic buildings. Their offerings include staple products like newspapers and bread, as well as goods geared to the local market, such as fishing lures or gourmet cheeses.
Independent retailers in Eugene, Ore. have banded together to promote the idea of shopping at locally owned stores. Their new cooperative advertising program, known as Unique Eugene, aims to "persuade Eugeneans that shopping at customer service-oriented local stores is better for the community and more fun." … Read More
In late November, the Kansas City Council voted to approve new zoning rules to protect the Brookside business district from large-scale, suburban-style chain store development. The ordinance restricts retail uses to 10,000 square feet, except for grocery stores, which may be as large as 25,000 square feet, prohibits drive-through restaurants, limits building heights, caps the number of parking spaces allowed, and sets design standards for the neighborhood. … Read More
In December, the city of Coronado, Cal. adopted an ordinance restricting the proliferation of formula retail businesses. The ordinance notes that the unregulated addition of such businesses would frustrate the city’s goal of maintaining a unique and diverse retail base, and limit opportunities for small, local retailers.
Formula retail businesses are defined as those "required by contractual or other arrangement to maintain any of the following: standardized. … Read More
Two state legislators are preparing a bill to modify Wisconsin’s tax increment financing (TIF) law that will likely limit the use of TIF for retail development projects. … Read More
