Local Ownership Makes Communities Healthier, Wealthier and Wiser

Date: 18 Jul 2012 | posted in: Retail | 5 Facebooktwitterredditmail

Most policymakers don’t imagine that their economic development decisions will affect such things as voter turnout or the prevalence of chronic disease. But a growing body of research is finding that scale and ownership of business matter in ways that extend far beyond economic outcomes.… Read More

Study Finds Local Businesses Key to Income Growth

Date: 17 Aug 2011 | posted in: Retail | 1 Facebooktwitterredditmail

The results of a new study suggest that the key to reversing the long-term trend of stagnating incomes in the U.S. lies in nurturing small, locally owned businesses and limiting further expansion and market consolidation by large corporations.… Read More

What New Census Data Show about the State of Independent Retail

Date: 16 Dec 2010 | posted in: Retail | 3 Facebooktwitterredditmail

The good news is that overall sales at independent retailers grew by about 4 percent. The bad news is that chains grew faster and independents still lost market share, falling from 31 to 28 percent of retail spending. That decline in market share, however, was considerably slower in this five-year period than the preceding 20 years. Digging deeper into the new data, we found a number of interesting trends.… Read More

Local Businesses Key to Rebuilding New Orleans’ Economy, Study Finds

Date: 18 Sep 2009 | posted in: Retail | 3 Facebooktwitterredditmail

In the wake of Hurricane Katrina, many of New Orleans’ locally owned businesses reopened within days of the floodwaters subsiding, while national chains kept their distance for months, even years. Now a new study finds that the city’s independent businesses are not only more resilient, but generate twice the economic impact of big-box retailers like Target, while consuming a fraction of the land. … Read More

Neighborhood Stores: An Overlooked Strategy for Fighting Global Warming

Date: 19 Aug 2009 | posted in: Retail | 2 Facebooktwitterredditmail

So far, the public debate about cars and climate change has been dominated by fuel economy. But driving has been growing at such a rapid pace that even a big advance in fuel economy is likely to be wiped out by ever more miles on the road. This is where local stores come in.  Dozens of studies have found that people who live near small stores walk more for errands and, when they do drive, their trips are shorter. … Read More

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