Report: Hoffman Estates working to keep Sears headquarters

Hoffman Estates, Ill. -- An Associated Press report on Tuesday said that Hoffman Estates, Ill., trustees have passed a resolution asking the state of Illinois to try and keep the Sears Holdings Corp. headquarters located in Hoffman Estates.

Sears has said it is in discussions with two prospective destinations for its corporate headquarters, but is still talking to Illinois about staying put.

Hoffman Estates’ mayor William McLeod has said it would "devastating" if Sears moved its headquarters to another locale.

Sears

Another big company threat to relocate unless given special incentives to stay in IL! We keep giving these companies tax breaks to stay put, then push the tax burden down to consumers to pick up the tab. Meanwhile IL is broke!