I've seen this happen with manufacturing plants, but never with retail stores. I don't doubt that they do this in some locations. But I've never heard of this as SOP for wal-mart.
I know Toyota did that when they opened the camry plant in Georgetown Kentucky. But the wal-marts around here didn't do that. > -----Original Message----- > From: Kevin Graeme [mailto:[EMAIL PROTECTED] > Sent: Sunday, January 15, 2006 12:14 PM > To: CF-Community > Subject: Re: [signs of sanity] MD no longer subsidizing Walmart > > When walmart goes into a new community, they basically demand the > local government give them all sorts of "free" incentives in land, > taxes, reworking roads and highways, etc. The promise is a giant > return on investment in jobs and sales taxes. The city puts an obvious > time limit on the incentives just to cover the time it would take for > the new store to get established. But what happens is once they run > out, walmart then closes that store and moves to the next comunity > that will offer them the incentives. > > That obviously doesn't happen at every store. Generally the stores in > larger communities become well established and stay. But the small, > rural communities that are desperate for growth think they can make a > deal with the devil and they often lose. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:192488 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
