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America Confronts the Retail Apocalypse: A Debate

America Confronts the Retail Apocalypse: A Debate

Shuttered store fronts are common in cities across the U.S. Shopping malls that once thrived at the intersections of busy suburban thoroughfares are empty and abandoned. Noah Smith: The U.S. is sometimes said to be in a retail apocalypse. In a world of perfectly mobile capital and labor, store closings wouldn’t seem like a big deal -- after all, if e-commerce is more productive, then we should switch to that, right?