• The Chicago Tribune reports that Walmart has been given a deadline by Compass Bank, the financial institution that is providing the money behind the South Side shopping center where the retailer wants to open its second Windy City supercenter – a move that is intensely opposed by organized labor interests.
The bank has said that Walmart has until May 24, 2010, to get a deal with the city of Chicago or potentially lose funding for the project.
The bank has said that Walmart has until May 24, 2010, to get a deal with the city of Chicago or potentially lose funding for the project.
- KC's View:
- This may be a serious deadline, or it might not. After all, you'd think that Walmart could underwrite a project like this out of petty cash.
