For Cities, Big-Box Stores Are Becoming Even More of a Terrible Deal




Under what has become known as the “dark store” method, big-box retailers are declaring their busy stores to be functionally obsolescent and therefore nearly worthless for tax purposes —and they’re winning big judgments for back taxes. It’s the latest example of the way that, even as local governments continue to bend over backwards to attract big-box development, these stores are consistently a bad deal for communities. … Read More