– Only about 33.6% of the
revenue from national chains is reinvested into the community, which is very low compared to the 64.8%
return from local businesses.
– A study in Austin,
Texas found that $100 spent at a local bookstore produced $45 worth of local
economic activity, and $100 at a chain bookstore brought back only $13.
– National chains
often bring loss of employment. The opening of a Wal-Mart reduces retail
employment by an average of 150 jobs in the county of its location.
– Local businesses
are usually established in city centers, instead of on the margins of
communities like large chains, so they contribute less to pollution,
congestion, habitat loss and urban sprawl.
– If the people of an
average American city were to shift
10% of their spending from chains to
local businesses, it would bring an additional
$235 million per year to the community’s
economy.
No comments:
Post a Comment