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    Independent Retailer Month!

    Celebrate #IndieRetail with Trident Enterprises Fence this July

    shop-2607121-1920.jpgIndependent Retailer(s) Month is held each July to encourage community members to shop locally as opposed to big-box stores. 

    Local retail shops carry products that relate to specific buyers and are unique to their needs and interests. While nothing is wrong with consumers shopping at superstores for some goods, there are many social and economic benefits to buying local goods.

    For one, locals can meet members of their community and support products that are made in their hometowns. Shoppers will meet with specialized practitioners who work with these products daily and learn how to use products with the help from the designers. Locals can also help stimulate economies just by shopping at home rather than travelling to a mega-store.

    Here are the statistics to support indie retail, courtesy of IndieRetailMonth.com: 

    • South Dakota Rural Enterprise, Inc. found a dollar spent at an independent retailer is usually spent six to fifteen times in the community before heading out of town. Just $1 can create $5 to $14 of value in the immediate area.
    • According to the Indiana Main Street Program, only six cents of a dollar spent at a big box retailer stays in the area.
    • The Institute for Local Self-Reliance found that each $100 spent at local independents generated $45 of secondary local spending, compared to $14 for a big-box chain.
    • According to the SBA, since 1990, big businesses eliminated 4 million jobs, while small businesses added 8 million jobs.
    • A Civic Economics study in New Orleans found that if residents and visitors were to shift 10 percent of their spending from chains to local businesses, it would generate an additional $235 million a year in local economic activity, creating many new opportunities and jobs.
    • According to the Andersonville Study of Retail Economics, local business generates 70 percent more local economic activity per square foot than big box retailers.
    • Local Economy survey shares that 57.2 percent of small firm workers scored in the highest commitment/employee loyalty category, compared to 40.5 percent of large firm workers. 
    • The 2018 Home Sweet Home: Locals vs. Amazon study reports that local retailers reinvest 130 percent more of their revenues than chain retailers and 676 percent more of their revenues than Amazon.

    This Indie Retailer Month, Trident Enterprises encourages PA residents to shop locally for deer fencing through TridentCorp.com. Follow the conversation on @TridentEnterprises Facebook using hashtag #IndieRetail this July. 

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