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

Local Ownership Makes Communities Healthier, Wealthier and Wiser

Date: 18 Jul 2012 | posted in: Retail | 5 Facebooktwitterredditmail

Most policymakers don’t imagine that their economic development decisions will affect such things as voter turnout or the prevalence of chronic disease. But a growing body of research is finding that scale and ownership of business matter in ways that extend far beyond economic outcomes.… Read More

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