The Economic Impact of Locally Owned Businesses vs. Chains: A Case Study in Midcoast Maine

Date: 1 Sep 2003 | posted in: Retail | 1 Facebooktwitterredditmail

Three times as much money stays in the local economy when you buy goods and services from locally owned businesses instead of large chain stores, according to this analysis, which tracked the revenue and expenditures of eight locally owned businesses in Midcoast Maine and compared their economic impact with that of a large big-box retailer. … Read More