Private equity killed big box retailers, leaving empty big boxes across America, and architects have plans
by Cory Doctorow from on (#3KE8Z)
The traditional explanation for the retail apocalypse is that Walmart and Amazon killed malls and big-box stores, but that account is incomplete -- the real story includes massive asset-stripping by debt-financed private equity vultures who paid themselves lavishly to run beloved businesses into the ground. (more")