No, it's the other way round.
Location has been added with v1.7.5.
It seems the Update has not run the MySQL update queries, so you should do that yourself.
You can find them inside the Prestashop-ZIP-Archive (download the full installation from the website) inside install/upgrade/sql
Run all the queries (in the correct order) from the version you upgraded from.
EDIT:
I had the same issue, and I think I know why.
The SQL-Script has a bug!
ALTER TABLE `PREFIX_supply_order_receipt_history` CHANGE `employee_firstname` `employee_firstname` VARCHAR(255) DEFAULT '', CHANGE `employee_lastname` `employee_firstname` VARCHAR(255) DEFAULT '';
That, of course, throws an error.
It should be:
ALTER TABLE `PREFIX_supply_order_receipt_history` CHANGE `employee_firstname` `employee_firstname` VARCHAR(255) DEFAULT '', CHANGE `employee_lastname` `employee_lastname` VARCHAR(255) DEFAULT '';
Also be sure to change all PREFIX in the file to your actual prefix in the database.
This fixed my shop and it's now working well again (very same error message).
EDIT2:
There seem to be a couple more bugs. More info on that here:
https://github.com/PrestaShop/PrestaShop/pull/11814/commits/1a20ad00cb37e04d4a5b9415f0e59c261930ba2c