CHICAGO—Sears Holdings Corp. is telling Illinois officials it may move its headquarters out of the state if a package of tax incentives is allowed to expire next year. The iconic retailer’s warning comes as Illinois is fending off raids on its businesses by states in the wake of tax increases passed earlier this year.
Sears, which has called the Chicago area home since 1887, has been talking with officials in suburban Hoffman Estates, Ill., where the company employs 6,100 people.
Blue states dying on the vine.
Tags: blue states