The unintended consequence of the giant chain stores' victories was the total destruction of local economic networks, that is, Main Streets and downtowns, in effect destroying many of their own livelihoods. We can get that all back, but it won't be a bargain.
Prices may be low, but the Republic's economy is slow and there are hundreds of thousands who can't keep up. "Jobs exist," insist local experts. "But our workforce isn't trained." In fact, many high school graduates here have a hard time reading and doing basic math.
We are in the middle of another battle between brick and mortar and e-commerce. Best Buy is dying. But it is not alone. Welcome to the new world of retailing, the death of retail 2.0. So who will pick up the pieces?
The retail giant Target is under fire from all sides, for union-busting at home and labor violations overseas. The reports that have come out in the past several weeks highlight a continuum of cruelty in the global supply chain.