Nov 18, 2012 Comments Off on ‘Unwrap Chicago’ promotes local holiday shopping
Backed by hundreds of locally-owned small business, Unwrap Chicago is urging Chicagoans to pledge to shift $100 of their holiday shopping to neighborhood businesses and has launched a blog featuring 50 businesses in 50 wards.
City Treasurer Stephanie Neely is hosting a press conference to kick off the campaign on Tuesday, November 20 at 10 a.m. on the 2nd floor of City Hall.
She’ll be joined by Suzanne Keers of Local First Chicago, the small business coalition that sponsors Unwrap Chicago, along with Omar Duque of the Illinois Hispanic Chamber of Commerce and Ald. Harry Osterman, cosponsor of a resolution declaring Buy Local Week in Chicago starting Friday, November 23.
Boost city economy
If every family shifted $100 of their holiday shopping to local businesses, it would inject $25 million into the city’s economy, Keers said.
Local businesses recirculate 70 percent more of their revenues back into the local economy, purchasing local goods and services and supporting local charities at much higher rates, studies have shown.