Retailers are leaving black neighborhoods because high crime rates make it impossible to generate an acceptable profit, or any profit at all. It would be interesting if one of them responded to its critics by giving them a store it was abandoning and telling them they were free to run it any way they saw fit. How long would that store last? From Tyler Durden at zerohedge.com:
Milwaukee is the latest in a long list of US cities facing a rapid retail exodus in minority neighborhoods and once again the blame is being placed on the companies in question rather than the behavior of the residents as they protests the rising tide of “food deserts”.
At the beginning of July, city officials mounted a public outcry after Cincinnati-based Kroger Co. announced the decision to close at least five Pick ‘n Save supermarket locations, including one in Milwaukee’s Metcalfe Park neighborhood.
The city was also notified by Walgreens that they will be closing at least seven locations over the next two years and CVS will be closing some locations as well. Activists argue that the closures center around “black and brown neighborhoods” and that these areas “deserve access” to nearby grocery outlets.
Kroger’s decision was discussed at a July 2 meeting of the Common Council’s Community and Economic Development Committee. Many people walk or take the bus to buy food, said Alderwoman Sharlen P. Moore. If the store is gone, they may have nowhere close to shop. “This impacts our city,” Moore said. “They’re closing quite a bit of grocery stores that are in neighborhoods that absolutely have no access to groceries.”
Saw a video of a state run grocery in KC.
It showed empty shelves and rotten fruit.
The food desert term was applied as well.
Not all enterprises can be backed by mommygov and the too big to fail printing press?