Leading Indicators: "The Whole Foods Effect"

[Bastian Kneuse]

There is a lot of talk about figuring out where Whole Foods, Trader Joe's, Starbucks, etc are opening up new locations, which would give an indication about up-and-coming neighborhoods.

1. Based on your experience, how accurate is this theory?
2. Is that information publicly available? Is there a source that compiles this data?

I am curious what you all think.