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Essay heading: Damage of "Big Box" Stores
 
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Issue: Business
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Date added: August 6, 2004
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No of pages / words: 3 / 766
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As a result of this, superstores actually bring a negative tax deficit while "small scale Main Street businesses, has a positive impact on pubic revenue," explains Tischler & Associates (Various). Andersonville Development Corporation also produced a study in which finds that "locally owned businesses generate 70 percent more local economic impact per square foot than chain stores"...
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The study was done by examining ten locally owned businesses which were compared to ten national retail stores, both competing in the same category. It was found by the Civic Economics that since "chains funnel more of this revenue out of the local economy, the study concluded that, for every square foot of space occupied by a chain, the local economic impact is $105, compared to $179 for every square foot occupied by an independent business...
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