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Lagging buying power explains Columbia’s sagging retail


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Frank Tamberrino reported to City Council study session April 29 on Maury Alliance’s efforts to attract more retail to Columbia.

Council discussion focused entirely on potential supply of retail that the Alliance should attract — as if by magic. This discussion revealed no recognition of the root problem: Columbia’s retail downfall stems from a long trend of declining buying power. To find solutions, leadership must first focus on the correct problem. You cannot push on the suppl