Imagine living in a town that is wholly owned by your local supermarket. From the houses to the schools to the restaurants, bars, recreations centers and, of course, the supermarkets. That is exactly what is happening in the UK. The highly profitable Tesco supermarket chain already has plans to develop multiple mixed-use developments in London, and there are plans for Tesco to take over Seaton, an already-established seaside town currently occupied by only mom-and-pop retailers.
Imagine living in a town that is wholly owned by your local supermarket. From the houses to the schools to the restaurants, bars, recreations centers and, of course, the supermarkets. That is exactly what is happening in the UK. The highly profitable Tesco supermarket chain already has plans to develop multiple mixed-use developments in London, and there are plans for Tesco to take over Seaton, an already-established seaside town currently occupied by only mom-and-pop retailers. From the Guardian: Tesco towns: a super place to live? / 'This town has been sold to Tesco'