From Civic Economics:The analysis demonstrated that locally owned merchants generate more than three times the local economic activity of their competitor chain stores on equal revenue.Found in The Full Value of Main Street, at Preserving Small Towns. Pointed out by Small Towns.
We know why. The local merchants spend much more of their money locally. The chains ship profits out of town. The local merchants are more involved in the community. The chains feel no ownership in your town, and their local managers are limited by corporate policies.
Thought you might be able to use that in your local Chamber of Commerce shop local campaign.
UPDATE:
We've written a step by step guide to starting a shop local campaign in a small town.
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