Monday, October 24, 2011

Despite its financial problems, states still want Sears

Sears Holdings Corp. has lost about $314 million during the first half of this year, has been criticized by Wall Street and constantly reinvents itself to lure back recession-weary consumers.

Despite those financial ailments, this legendary company based in Hoffman Estates is being actively wooed by at least 16 states — including Illinois — for its global headquarters. Ohio and Texas are among those that reportedly have offered incentives, while Hoffman Estates and Illinois continue to work on a deal. More here.

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