The race to win Sears Holding Corp. appears to be heating up.
NBC in Chicago and the Detroit Free-Press are reporting that Tennessee has intense competition for the retail giant’s corporate headquarters, saying Michigan is working to lure Sears’s headquarters with incentives worth about $50 million, including tax breaks, housing incentives and relocation grants.
Besides Tennessee, New Jersey, North Carolina and Texas reportedly also are in talks with Sears about a possible relocation.
No word on where in Tennessee the Sears folks would locate. Could Knoxville be on the short list?