The Big Empty: How Corporate Headquarters Have Abandoned America’s Suburbs
As companies increasingly relocate to urban centers, sprawling, once-trendy corporate campuses like Sears’ and Kmart’s have been left crumbling in the suburbs.
Local Reporting Network
Sears Helped Build a Giant Entertainment Arena. Now, a Suburb Pays Millions to Keep It Running.
A Chicago suburb is on the hook for millions to operate the Sears Centre arena — an amount that in some years accounts for as much as 14% of its budget.
Local Reporting Network
Nearing Bankruptcy, Sears Claimed Fast-Food Workers and Baristas as Employees to Keep Tax Breaks
Politicians who helped draft Sears’ tax deals said they were designed to retain thousands of corporate jobs. Contractors, landscapers and temporary employees who worked in Sears’ buildings were never meant to help the company qualify for tax breaks.
Local Reporting Network
The Sears Headquarters Deal Cost Taxpayers $500 Million. 30 Years Later, There’s Little to Show for It.
Was the multimillion dollar deal to keep Sears in Illinois worth it? An economic study commissioned by ProPublica and the Daily Herald suggests it wasn’t. Here’s why.
Local Reporting Network
Sears’ Headquarters Was Supposed to Turn a Sleepy Suburb Into a Boomtown. It Never Happened.
To lure Sears into a Chicago suburb, officials crafted the largest tax break package ever awarded to a company in Illinois. It resulted in revenue shortfalls, disappearing jobs and unexpected tax burdens, a Daily Herald and ProPublica review showed.
Local Reporting Network