Volokh Conspiracy blogger Ilya Somin has an important post here about the increasing use of eminent doamin to transfer land to companies like Wal-Mart and Costco to construct stores:
they very likely cause more economic harm than benefit, as I have argued in great detail here and here. In addition, they tend to victimize poor and lower-middle class interests for the benefit of politically powerful developers and corporations such as Costco and its rivals.