Maryland County Mandates Smaller Stores

Date: 16 Aug 2004 | posted in: Retail | 0 Facebooktwitterredditmail

Calvert County, Maryland, has enacted regulations limiting retail stores to 120,000 square feet in the town of Prince Frederick, 75,000 square feet in three other towns, and 25,000 square feet in the rest of the county. The regulations block Wal-Mart’s plans to double the size of its 97,000-square-foot Prince Frederick store, the only Wal-Mart in the county, and to build a new supercenter in the town of Dunkirk.… Read More

New Study Finds Wal-Mart’s Miserly Wages Cost Taxpayers

Date: 13 Aug 2004 | posted in: Retail | 5 Facebooktwitterredditmail

California taxpayers are spending $86 million a year providing healthcare and other public assistance to the state’s 44,000 Wal-Mart employees, according to a new study by UC Berkeley’s Institute for Industrial Relations. The study, "Hidden Cost of Wal-Mart Jobs," found that the average Wal-Mart worker required $730 in taxpayer-funded healthcare and $1,222 in other forms of assistance, such as food stamps and subsidized housing, to get by.… Read More

Vermont Closes Chain Store Tax Loophole

Date: 9 Aug 2004 | posted in: Retail | 0 Facebooktwitterredditmail

In May, Vermont became the seventeenth state in the nation to close a loophole that major chain retailers are using to evade paying state income taxes. The loophole allows multi-state corporations to shift income made at stores in Vermont to subsidiaries in low- or no-tax states like Delaware and Nevada. Income shifted in this manner, although earned in Vermont, is not subject to the state’s corporate income tax.… Read More

Bristol, RI, Bans Large “Formula” Businesses

Date: 6 Aug 2004 | posted in: Retail | 0 Facebooktwitterredditmail

"We may look back and think this is one of the most important things we’ve done," said Bristol, Rhode Island, Town Councilor Halsey Herreshoff after the council unanimously passed a formula business ordinance in May. Bristol is a community of 23,000 people about half an hour southeast of Providence. The ordinance bars formula businesses larger than 2,500 square feet or that take up more than 65 feet of street frontage from locating in Bristol’s historic downtown.… Read More

Wal-Mart Captures More than $1 Billion in Subsidies

Date: 5 Aug 2004 | posted in: Retail | 0 Facebooktwitterredditmail

A new study documents more than $1 billion in state and local development subsidies that have flowed to Wal-Mart, and that figure likely represents only the tip of the iceberg. "Shopping for Subsidies: How Wal-Mart Uses Taxpayer Money to Finance Its Never-Ending Growth," produced by Good Jobs First, a Washington, D.C.-based research organization, identifies 244 Wal-Mart stores and distribution centers in 35 states that have received subsidies totaling just over $1 billion.… Read More

Bennington, Vermont, Adopts Store Size Cap

Date: 3 Aug 2004 | posted in: Retail | 0 Facebooktwitterredditmail

The city of Bennington, Vermont, has enacted a store size cap ordinance that effectively puts an end to attempts by Wal-Mart to build a giant supercenter. "The concern has been that if a single retailer becomes too large and too powerful it destroys all competition in the marketplace. And we want to avoid that," said Bennington planning director Dan Monks.… Read More

Independents Week Celebrated Nationwide

Date: 26 Jul 2004 | posted in: Retail | 0 Facebooktwitterredditmail

During the week of July 4th, thousands of independent businesses in a dozen cities around the country celebrated Independents Week—seven days of educational and promotional events designed to draw attention to the importance of supporting locally owned businesses. "The trend of chains displacing our hometown businesses will continue unless communities realize what’s at stake," said Jennifer Rockne, director of the American Independent Business Alliance (AMIBA), which organized Independents Week.… Read More

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