Walmart corporation may be taking the exhortation of Arvada mayor Walmarc Willams to 'change or die' to heart. As we have said here before, a Walmart Supercenter in the Arvada Plaza is an out-dated idea -- the future is in e-commerce and small businesses not solely reliant upon brick-and-mortar structures.
The "We Won't Shop Arvada Walmart" movement is growing and more and more Arvadans are realizing that Ralston Road is simply not adequate for the traffic a Superstore would need to generate to stay open.
With the soil contamination issue, the lack of compatiblity with the surrounding neighborhoods and the anger over Arvada Urban Renewal's $5.8 million in corporate welfare to the developer (IRG), one would not be surprised if the Walmart corporation finally decided that Arvada truly isn't a good fit for the low-wage, discount retailer.
The Arvada Urban Renewal Authority with the backing of the Arvada city council has been irresponsible and incompetent for years and years in its approach to revitalizing the Arvada Triange area. Purposeful neglect, indifference to neighborhood concerns, government manipulation of the market place, reliance on corporate socialism, the AURA/council "we always know what is best for you" attitude, antagonism towards existing businesses -- all these traits have been why it took a $5.8 million taxpayer giveaway to even get Walmart interested in the Arvada Plaza property.
Now, Walmart itself may be coming around to the realization that Superstores are going to be dinosaurs as the 21st century progresses.
Abandoning the unwanted Arvada Plaza Supercenter would be a good place for Walmart to start changing direction.
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Wal-Mart will slow growth of its supercenters, cuts sales forecast
Washington Post - October 15, 2014
Wal-Mart said Wednesday that it will slow down on adding supercenter stores next year as the retail giant focuses its investments on its in e-commerce business and its small-format Neighborhood Market stores.
Wal-Mart also slashed its sales guidance for the year amid what it called “a tough sales environment” in which low-income consumers have been stubbornly cautious with their discretionary spending. While the company’s previous forecast was for 3 to 5 percent growth, the company said it now expects 2 to 3 percent growth. ...