Sears Tells Illinois It May Shop Elsewhere
“Sears Tells Illinois It May Shop Elsewhere”. Headlines in this weekend’s Wall Street Journal. So why would we in CT care about Sears leaving Illinois? Why does this mean anything to us here in CT? While the Sears threat might be just that (a threat), just think the “unthinkable”. If a company as closely associated with a state like Sears is to Illinois can relocate because of the cost of doing business or due to a “business unfriendly” environment, then just think of all of those companies that would think of leaving the State of CT for the same. Rising corporate taxes and fees. Legislating sick leave. Increased litigation etc all adds to companies “looking for alternative homes”.
See attached WSJ article: Sears Tells Illinois