Displaying items tagged: Sears

The uncertain future of Rivertown Crossings Mall in Grandville has cast a pall over West Michigan’s retail real estate market, where demand from new entrants is strong but places to put them remain in short supply.

Over the last 20 years or so, several of America’s institutional corporations have vanished for a number of reasons, ranging from bankruptcy to a shifting technological landscape. University of Michigan professor Jerry Davis thinks that pattern will continue. In his recent book, The Vanishing American Corporation: Navigating the Hazards of a New Economy, Davis contends that our existing political and economic systems aren’t set up to handle a future where everyone is a self-employed entrepreneur in an on-demand economy. Before a talk at Grand Valley State University, Davis spoke with MiBiz about how intrinsic corporations are to American culture and why their diminishing power could lead to an “apocalypse” scenario.