Your Grocery Store Is Your Neighborhood's Future
32,000 store openings across 37 chains over 50 years tells you everything.
• Trader Joe's opens nearby: home prices rise 6% faster than the national average
• Walmart opens nearby: they underperform by 4%
The grocery store isn't just reading the neighborhood. It's writing it.
Grocery chain placement is one of the most honest predictors of neighborhood economic trajectory, and the Trader Joe's vs. Walmart gap proves it.
Source
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