Many of the long-time thinkers on the subject of Peak Oil have suggested that it will destroy the US system of big box stores. So far, though, some have been big beneficiaries from Peak Oil.
Those selling necessities - food, household goods, and fuel - have seen large gains. You know the names - Costco, Walmart, Sam's Club. They have economies of size and, for all their prevalence, probably less of a distribution cost per square foot than smaller chain grocery stores. They can also force their customers to bear more of the cost of driving - at least for now.
My question is whether you think this situation will continue? One of my adaptations so far has been to gradually restrict my food purchases to a local chain grocery store on the way home from work and an every-three-weeks-or-so trip to Costco. I used to shop more widely.
There is also the issue of the other big box stores - the Home Depots, the Old Navys, the Bed, Bath, and Beyonds. On the one hand, these are doing poorly right now, but it's not necessarily because of their Big Box status, it's that customers are cutting back in all these areas at the moment - home goods sales in malls are faring no better than at big box stores. On the other, many of these stores are combined with a Costco or Wamart and thus can benefit from being across the parking lot from one of those stores.
What do you think - will the economies of scale of the big box stores continue to divert customer flow to them, or is this a temporary situation, with small, very localized stores replacing them as fuel becomes more expensive?