How the Amazon-Whole Foods Retail Apocalypse could be a Win-Win

NEW GEOGRAPHY--Amazon’s stunning acquisition last week of Whole Foods signaled an inflection point in the development of retail, notably the $800 billion supermarket sector. The massive shift of retail to the web is beginning to claw into the last remaining bastions of physical space. In the last year alone, 50,000 positions were lost in the retail sector, and as many as 6 million jobs could be vulnerable nationwide in the long term. Store closings are running at a rate higher than during the Great Recession.

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Hollywood: The Next Century City?

DEEGAN ON LA-The parallels are uncannily similar: two different parts of LA, each beginning with an important, historical movie footprint and evolving into a land use bonanza. Century City, once the very busy 20th Century Fox backlot (and before that a ranch belonging to western silent movie icon Tom Mix), became a real estate behemoth studded with skyscrapers, traffic congestion, and high prices. Central Hollywood, once a folksy, low slung neighborhood, is about to be transformed into its own real estate behemoth with the massive proposed Crossroads of the World project. It, too, will be studded with skyscrapers, traffic congestion, and high prices. 

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