Sears may take its business elsewhere
Richard Sears planted his roots in Chicago back in 1887 after hiring a watchmaker named Roebuck. After more than a century in business the famous Sears, Roebuck and Co. catalog still offers pretty much everything, from tractors to high chairs. But the company may soon change location. If a series of state and local tax incentives expire next year, Sears may move its headquarters – and thousands of jobs – away from Illinois. And Sears isn’t the only local company considering a change in scenery. Regular business contributor David Greising of the Chicago News Cooperative spoke with Eight Forty-Eight on the possible business exodus.