this post was submitted on 15 Aug 2023
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Is retail near office buildings worth considering in the context of this post? That itβs worth having people return to the offices partially because the employees give business to the nearby restaurants, etc.?
This is true. I just had trouble picturing the CEO of a big company going "I'll force everyone back to the office! WFH is sooo convenient but I can't do this to Mr Joe's hamburger joint around the corner".
However as someone else pointed out, if WFH becomes the norm, a lot of business might be impacted and fail, generating turbulence in the economy. This I can picture getting a CEO's attention
That's a side affect, but those retail stores could also move out to where the houses are with some legal changes.
It would be a nice suprise but I doubt corporate really cares about Jane and Joe's coffee shop, or the local Hugo Boss
I can see the points on it, but I also know that I am prone to ordering delivery from my local shops or going to the mom and pop restaurant around the corner. The only ones who will really be hurt by a mostly WFH society (at least in this vein of thought) are big corporations who have heavily centered their efforts around the offices. Starbucks will have problems justifying having 4 shops in one block in NYC with 1/10th the foot traffic. I would rather buy from local small businesses and actually support my economy than funnel more money into some gaping dragon's maw. I have been WFH for 7 years now and pray I never have to go back to working anywhere else.