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Resource filed under Independent Business | Written by Lisa Gonzalez | No Comments | Updated on Dec 17, 2012

Whatcha Workin’ On, Stacy Mitchell? Podcast Episode 1

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/whatcha-workin-on-podcast-1/

Our first podcast is with Stacy Mitchell, the heart and soul of our Independent Business and Banking Initiatives. Stacy talked with Lisa about the Initiative and the focus of her current projects. She also offered some strategies for supporting independent business and influencing policy that will strengthen our local economies. The podcast is just over… Continue reading

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Featured Article filed under Independent Business | Written by Stacy Mitchell | 12 Comments | Updated on Aug 16, 2012

Independent Businesses Deliver Bigger Economic Benefit, Study Finds

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/independent-businesse-deliver-bigger-economic-benefit/

Choosing a locally owned business generates almost four times as much economic benefit for the surrounding community as shopping at a chain, a new study has concluded. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | 1 Comment | Updated on Aug 17, 2011

Study Finds Local Businesses Key to Income Growth

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/study-finds-local-businesses-key-income-growth/

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. Continue reading

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Article, Resource filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Mar 1, 2011

Localism Index

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/localism-index/

Perhaps we’re not doomed to an economy controlled by a few giant corporations after all. A growing number of signs suggest that local, independent businesses might just be making a comeback.

Inspired by the Harper’s Index, we’ve compiled a list of key indicators of a return to the local. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Jan 25, 2011

New Study Ranks Metro Areas on the Vitality of Their Independent Retail

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/new-study-ranks-metro-areas-vitality-their-independent-retail/

A groundbreaking new study, the Indie City Index, ranks all 363 metropolitan areas in the U. S. according to the vitality of their independent retail sectors. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | 3 Comments | Updated on Dec 16, 2010

What New Census Data Show about the State of Independent Retail

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/what-new-census-data-show-about-state-independent-retail/

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. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | 3 Comments | Updated on Sep 18, 2009

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

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/local-businesses-key-rebuilding-new-orleans-economy-study-finds/

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. Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | 1 Comment | Updated on Oct 15, 2008

Modest Changes in Shopping Habits would Produce Big Economic Benefits, Study Finds

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/modest-changes-shopping-habits-would-produce-big-economic-benefits-study-finds/

Shifting even a modest amount of consumer spending from chains to locally owned businesses would have a major impact on the West Michigan economy, according to a new study. Continue reading

filed under General | Written by Stacy Mitchell | No Comments | Updated on Jun 19, 2008

Bigger Bang from Independents’ Bucks

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/bigger-bang-independents-bucks/

The Capital Region’s future would be much better served by fostering the growth of locally owned businesses, rather than chasing after big-name national retailers, as was suggested in Chris Churchill’s May 11 article, "Trendsetter shops bypass region."

Research shows local businesses deliver significantly greater economic returns for a community than national chains. A study conducted in Chicago by the firm Civic Economics found that every $100 spent at a national chain generated an average of $43 in additional economic activity in the local area. That same $100 spent at a locally owned store or restaurant created an average of $68 worth of new local economic activity.

Why do local businesses deliver so much more economic bang for our buck?

Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | 1 Comment | Updated on Feb 5, 2008

Favoring Local Businesses in Government Purchasing has Economic Benefits, Study Finds

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/favoring-local-businesses-government-purchasing-has-economic-benefits-study-finds/

A new study commissioned by Local First Arizona reports that a purchasing contract with an independent local supplier recirculates three times as much money in the local economy as the same contract with a national firm. Local First Arizona is using the study to galvanize support for a legislative measure that would keep more of the public dollars spent on state contracts in Arizona. Continue reading