There is an important distinction. As you know, SuperTarget is the regular Target store with a full grocery store inside. As I have written often, Oak Cliff is starving for new grocery stores. We already have a Target at the corner of Gannon & Cockrell Hill (map), although I suspect that this store will be closed once the new store is opened.
It is known that Target builds SuperTargets only in areas which they think are growing and thriving areas. It will be a great day when that store opens, but I hope that they believed enough in our area to open up a full-service SuperTarget.
It looks like Target will be joined by a Ross store, Marshall's, Office Depot, and Aldi. The fact that Aldi is coming really makes it seem like this store will not be a SuperTarget.
7 comments:
Mike,
What is Aldi?
Aldi is a big deal. Wish we had one up here. That Aldi is going in does not mean you won't get a SuperTarget. I don't know that Target is doing very many non-SuperTargets any more. In addition, there's a goofy retail theory that says you want to be near a SuperTarget even if you sell groceries.
Aldi is a discount grocery store. A lot of the items are self-branded.
The site plan that I have in my possession is about six months old, but it shows it to be a non-SuperTarget.
It is scheduled to be a Target, not a SuperTarget
Just wondering, and perhaps you can tell me where my thinking is wrong. If the many Black Churches from the Mega Church to the Small corner neighborhood Church deposit in excess of $20 Million dollars every monday morning into the Banks of the Oppressor, how long would it take if all these Churches created a Venture Capitial Group to open Grocery Stores, Movie Theaters, Red Bird Mall II, and made Small business Loans available to established Black Businesses? As long as Blacks in every Major City continue "give away" their Wealth to the Establishment Banks the prospect of any meaningful change is not very likely. If you Mulitply what Black Churches in Dallas deposit by every Major city in the U.S., can you imagine what4 a National Black Bank with Venture Capital and Hedge Funds could do?? So i'm not excited about Super Target or Super Duper Target, Black people have the Power and Resources to pull themselves up. It appears their is a lack of Vision and Courage. If someone GIVES you their Money and Power, why not take it??? I would.
In regards to mrjeepdeep's comments:
We wouldn't be having this discussion were it not for the African American Pastor's Coalition that made the Unity Estates Subdivision possible. Developers go where there are rooftops.
To do venture capital and a hedge fund means the churches might lose their 501 c 3 nonprofit status and be taxed as businesses.
Further, the individual churches have denominational factors in addition to church missions that dictate what they can or cannot do. Also, senior pastors have their programs and agendas as well.
Finally, you need full-time business people with either an MBA or MS in Finance to launch and to operate such a business. Sure, there are probably within these churches or within the community at large, business professionals who can help to set up the venture capital group or hedge fund that you are talking about. Now, how are they going to get paid? Such professionals are going to command six figures.
I feel what you are saying, but how to get there is another thing. Besides, there are at least three churches within the City of Dallas who are currently doing some form of community development that I can think of. It may not be retail now, but there will be some down the road.
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