Bonus points if the large business trying to monopolize Assfuck, Montana kills the small businesses that were otherwise sustainable and leaves a gigantic financial burden on Assfuck, Montana’s township finances in the process (demanding unsustainable subsidies, changing terms on the township after much money is already spent in the hopes of bringing more money into the town so the township invests more taxpayer dollars into the private business, and of course leaving a giant retail space that no business can afford to sit vacant and create additional costs to demolish and/or mitigate damages as it decays)
There’s a large homegoods chain that had locations in both the small town I live in and a neighboring town of which the parent company went bankrupt. The location in my town sat empty for several years because it was too large of a space for any local business to be able to grow into (the local furniture store asked the city to give them the space for free though!) it eventually got filled by one of uHaul’s weird abandoned-retail-space projects where its now a storage space and truck rental. The town nearby has yet to fill the space, although the parking lot is sometimes used by the manufactured home factory nextdoor for overflow storage
Are they closed because of rampant theft?
As other people have pointed out, big companies target an area and set about establishing a monopoly using $$$
Then they realise “huh. There’s not so much profit here in Assfuck, Montana after all.” And make some lame excuse (theft) to pull out.
Citizens get fucked because : capitalism.
Bonus points if the large business trying to monopolize Assfuck, Montana kills the small businesses that were otherwise sustainable and leaves a gigantic financial burden on Assfuck, Montana’s township finances in the process (demanding unsustainable subsidies, changing terms on the township after much money is already spent in the hopes of bringing more money into the town so the township invests more taxpayer dollars into the private business, and of course leaving a giant retail space that no business can afford to sit vacant and create additional costs to demolish and/or mitigate damages as it decays)
There’s a large homegoods chain that had locations in both the small town I live in and a neighboring town of which the parent company went bankrupt. The location in my town sat empty for several years because it was too large of a space for any local business to be able to grow into (the local furniture store asked the city to give them the space for free though!) it eventually got filled by one of uHaul’s weird abandoned-retail-space projects where its now a storage space and truck rental. The town nearby has yet to fill the space, although the parking lot is sometimes used by the manufactured home factory nextdoor for overflow storage
Wow, that was a considered and interesting contribution. I learned a lot there.
That has essentially never happened, that’s just a fraudulent PR campaign
Yes really
https://www.marketwatch.com/story/retailers-talk-a-lot-about-rising-theft-but-a-retail-industry-report-finds-a-key-metric-for-it-hasnt-increased-that-much-b24ee181
https://www.cnbc.com/2023/08/09/claims-about-organized-retail-theft-are-nearly-impossible-to-verify.html
https://www.theatlantic.com/health/archive/2021/12/shoplifting-holiday-theft-panic/621108/
https://www.vice.com/en/article/g5ve49/we-cried-too-much-walgreens-cfo-admits-retail-theft-isnt-the-crisis-it-portrayed
https://www.latimes.com/business/story/2021-12-15/organized-retail-theft-crime-rate
https://news.wttw.com/2023/05/12/retailers-walmart-and-starbucks-are-closing-big-cities-some-cite-crime-changing-habits
Wage theft.