The document discusses using materialized views to store and retrieve hierarchical data. It describes using an adjacency list to store location data like country-state-city in a single table. This allows variable depth data to be stored without changing the data model. However, queries to find descendants can be slow. A better approach is to use a closure table materialized view, which stores all ancestor-descendant relationships and enables faster retrieval, though uses more space. The materialized view would be refreshed periodically to recreate the closure table based on changes to the adjacency list table.