Two Chicago Neighborhood Studies Show that Local Independent Retailers Provide More Benefits than National Chains

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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.

Andersonville
Six Corners Study

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.

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Six Corners - The 10% Shift
Job Creation

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.

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