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March 29, 2018 01:34 pm PDT

Private equity killed big box retailers, leaving empty big boxes across America, and architects have plans

The traditional explanation for the retail apocalypse is that Walmart and Amazon killed malls and big-box stores, but that account is incomplete -- the real story includes massive asset-stripping by debt-financed private equity vultures who paid themselves lavishly to run beloved businesses into the ground. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/JTobdTxM1ss/nothing-but-flowers.html

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