Big Retailers Think Small for New Stores
Large-scale retailers in Michigan and across the country are discovering bigger isn't always better.
Target, Best Buy and Grand Rapids-based Meijer Inc. are among retailers downsizing, from the traditional big-box stores, to cater to a growing urban customer base and a changing economy. The less-is-more mentality has helped Target and Meijer locate outside suburbia into cities such as Atlanta and Chicago.
Best Buy, the world's largest consumer electronics retailer, this year opened 11 smaller stores in shopping malls in Michigan and others across the country. Another 100 nationwide are planned for next year