How Low? ShoLo

June 27, 2012 at 10:47 pm Leave a comment

Did you know that every dollar spent at a locally-owned business has three times the economic impact of the comparable purchase at a chain retailer? Doesn’t that seem hard to believe? But when you consider that local businesses also hire local services (graphic designers, lawyers, consultants, accountants, bankers, advertisers), it certainly makes sense. Isn’t that amazing? Don’t you want to go out immediately to your favorite local restaurant or store? I do.

So have you heard about ShoLo? It’s a local effort to encourage all of us to shop, dine and give locally. Who doesn’t just love that idea? Another great idea: you can purchase a ShoLo Value Card and save at various local establishments.

Need another reason to shop local? To quote ShoLo, “While big box retailers have an immediate impact on the local economy by means of payroll, a whopping 86% of the average chain retailer’s revenue leaves the state, flowing to out-of-state suppliers, and back to corporate headquarters.”

Next time you’re heading out to dine or shop, think local. It is Restaurant Week, so check out the local places downtown South Bend! For more info about ShoLo, check out their website: http://www.sholo.org/

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Entry filed under: Build a Better South Bend, Neighbors Helping Neighbors. Tags: , , , , , .

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