Wal-Mart Subsidies in DeSoto, MO
Store Details
City | DeSoto |
State | MO |
Address | Highway 21 and Old Boyd Street Road |
ZIP code | 63020 |
County | Jefferson |
Type of Facility | Supercenter |
Year Opened | 2004 |
Value of Subsidies | approximately $1 million |
Narrative
The city provided a $1 million sales tax rebate for this 155,000 sq. ft. Supercenter, which replaced a Wal-Mart discount store one-third the size. Wal-Mart agreed to use this location after rejecting a site that required brownfield remediation. Four months after the opening of the new Supercenter, a nearby unionized Schnucks grocery store closed, citing increased competition from Wal-Mart (St. Louis Post-Dispatch, February 17, 2005).