Friday, August 9, 2019

News From All Over, Part 1 -- August 9, 2019

News blackout: for me. News black out for me. Until the dust settles, until some of the crazy talk is quieted, I am avoiding all news to extent possible and still keep the blog up to the high standards readers have come to expect. LOL. Part of that sentence is accurate.

Because of the news blackout, I'm missing a lot of stories about things going on in American business -- some of the things I've heard from various sources, including my wife:
  • Walgreen's will close 200 stores; someone said this was due to merger with Rite Aid but that was several years ago
  • Pizza Hut: converting 500 dine-in stores to take-out only
  • Uber losing money; Lyft may be the better of the two
  • $15/hour hurting NYC retail
  • Calloway Golf will build  800,000-ft distribution center in DFW area (Alliance, TX); link here;
  • Alliance, TX; a fast-growing hub of logistics and transportation infrastructure due to its proximity to the Fort Worth Alliance Airport and the BNSF Railway Intermodal Facility; see maps below;
  • CHS will build a $100 millioin soybean-processing plant in Fairmont, MN; link here;
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DFW

Unofficially, the population of the DFW metroplex is estimated at 7.5 million.

Officially, the population of the DFW metroplex is expected to grow to 50 million by 2050.

Currently the economic activity is north of Dallas, particularly along TX-75 on the way to the big casinos on the Oklahoma state line. The cities experiencing huge growth north of Dallas: Plano, Frisco, McKinney.

In 2050, the DFW population of 50 million will be centered north of Ft Worth, specifically the Roanoke, TX, area. I already see it happening. 










Note location of the Texas Motor Speedway just across from Buc-ee’s at the intersection of I-35W and TX-114.

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