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Economic development impact studies have been conducted in two Chicago neighborhoods - Andersonville and Six Corners. They both point to the same conclusion - local independent retailers have a bigger impact on our local economy than do national chains.
For every $100 spent at a locally owned business, $68 remains in the Chicago economy. $25 LESS remains in Chicago for the same $100 spent at a national chain.Read the whole study
Based on economic census data, Cook County produced annual retail store sales across all lines of goods of roughly $38 billion.
A market shift of just 10% from chains to independents would retain an additional $2 BILLION in the regional economy every year.
All of the details for Six Corners, as well other cities and national averages can be found at the link below.Read the whole study