It did that in my home town...Only difference is my town buckled not once but twice...Wal-mart moved in, incentives ran out they decided they wanted a super wal-mart. They fished for incentives and got them again...Now we have a shopping center completely dieing thanks to Wal-mart moving acrossed town. Awesome job walmart awesome job.
Adam On 1/15/06, Nick McClure <[EMAIL PROTECTED]> wrote: > > 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:5:192508 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=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
