A local South Davis County business (in Bountiful) is closing it’s doors. Winegars, run by a local family, has been in the area for just over 100 years (since 1917). Unfortunately, government fooling around with things best left to the private sector dealt a blow they couldn’t overcome. You see, local governments used redevelopment agencies (RDAs) which provided a significant tax and competitive advantage to competitors (including a large chain/corporate grocer) which Winegars didn’t have (Winegars to close Bountiful store after decades in the community):
Existing stores have often been negatively impacted when redevelopment agencies or community development agencies are established, said Winegar, giving tax breaks to new businesses. The Smith’s on 2600 South in Woods Cross is in a redevelopment agency area and the Lee’s on Redwood Road in North Salt Lake is in community development agency area. Lonny and his brother, Weston, are the fourth-generation owners of the business. They bought it from their father, Dee, some years ago. The first store owned by the family was the Woods Cross Mercantile, which was opened in Woods Cross in 1917 by Thomas E. Winegar.
Yet another example of government actions deciding winners and losers along with some corporate welfare.
Note: Smith’s is part of the Kroger chain.
Bonus read: See the bottom of this post for links on what RDAs are along with the post on another example of abuse of RDA authority.