1 Sep 2003

Controversial Mall will not Boost Jobs or Revenue, Study Concludes

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Developers of a massive shopping center in Leominster, Massachusetts, claim the project will create 869 new jobs and boost the city’s property tax revenue by $400,000 annually. But a study by a nationally recognized land use economist has found that the development will destroy about as many jobs as it creates and provide the city with only $51,000 in additional revenue. To put that into perspective, if the new revenue were used to cut residential property taxes, each of the city’s 17,000 households would save just $3 annually. … Read More
1 Sep 2003

Homer, Alaska, Bans Big Box Stores

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The town of Homer, Alaska, has capped retail store sizes at no more than 20,000 square feet in its central business district and 40,000 square feet in other commercial areas. The measure will remain in effect until the Planning Commission implements permanent regulations setting impact standards and size limits for large-scale retail, expected within six months. … Read More
1 Jul 2003

Citizens in Aurora, New York, Press for Big Box Ban

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A citizens group in Aurora, New York, has fought off Wal-Mart twice, first in 1996 and again in 2000. Now, with rumors circulating that the company may return for a third attempt, Aurora Citizens for Smart Growth is pushing for a permanent law banning stores over 55,000 square feet. That’s about one-third the size of the stores Wal-Mart previously proposed. Bruce Davidson of the citizens group says the size cap is needed to maintain the character of the community and its small, locally owned businesses.… Read More
1 Jul 2003

Ireland May Rescind Superstore Ban

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Ireland’s Environment Minister Martin Cullen has announced that the government may lift a five-year-old nationwide policy banning superstores. The policy, adopted as a temporary measure in 1998 and made permanent in 2001, prohibits stores over 3,500 square meters (38,000 square feet) in Dublin and 3,000 square meters (32,000 square feet) in the rest of the country. … Read More
1 Jul 2003

Superstore Tax Narrowly Fails in Montana

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In April, the Montana legislature narrowly defeated a bill to levy a tax on the revenue of big box retailers. Supported by most Democrats and a handful of Republicans, the legislation would have imposed a 1 percent tax on the revenue of retailers with more than $20 million in annual sales, a 1.5 percent tax on those with more than $30 million in sales, and a 2 percent tax on those with over $40 million.… Read More
1 Jul 2003

Arizona Coalition Urges, Think Independently, Buy Locally

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A new coalition of more than 70 independent businesses in the Phoenix metro area is urging residents to "Think Independently, Buy Locally." The coalition, known as Arizona Chain Reaction, grew out of a conversation between Michael Monti, owner of Monti’s restaurant, and Kimber Lanning, owner of Stinkweed, an alternative music store. At first, they simply wanted to get about ten local businesses together to buy advertising as a group. … Read More
1 Jul 2003

How Chain Stores Evade Paying State Taxes. . .And What to do About It

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Many retail chains, including Victoria’s Secret and Toys "R" Us, earn profits at stores nationwide, but have developed an accounting scheme to evade paying their full-share of corporate income taxes in more than half the states. Tax experts believe the practice is costing states billions of dollars in lost revenue. It is likely one factor behind the decline in state corporate income tax receipts. … Read More
1 Jul 2003

Tampa Businesses Celebrate Second Annual “Independents Week”

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Twenty locally owned businesses—including restaurants, a record store, a grocer, a hardware dealer, clothing stores, a gift shop, and a bookstore—participated in this year’s second annual Independents Week celebration. The event is designed to broaden awareness of the value independent businesses and encourage residents to shop locally.… Read More

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