Now that the new “super” Walmart has opened up, with the help of tax rebates from the city, it’s time for me to jump back on my Shop Local soapbox.
A 2004 study of the economic impact of 10 local businesses in Chicago’s Andersonville commercial district compared them to chain businesses in the area. The study's findings: Of every $100 spent at local businesses, $68 remains in the Chicago economy, while of every $100 spent at a chain, $43 remains in the Chicago economy. For every square foot occupied by a local firm, the local economic impact is $179. For every square foot occupied by a chain firm, local economic impact is $105.
Jeff Milchen, of the Independent Business Alliance, likes to look at it this way: Shopping at locally owned establishments can leverage community funds times three, on average. For example, by supporting a local pharmacy or clothing boutique, a consumer is also supporting a local attorney, tax preparer, and printer. Local businesses also tend to source everything from delivery vehicles to banking closer to home as well.
With the many options you have in Naperville to get a prescription filled, I am truly grateful you have made Oswald’s your Pharmacy. Your choice also helps Naperville remain the “Smallest big town in Illinois”! Thanks!