BUSINESS

Nationwide shoppers boost local stores on Small Business Saturday

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Nationwide shoppers boost local stores on Small Business Saturday

Media Bias Meter

Sources: 11

Center 100%

Sources: 11

United States, Small Business Saturday mobilized shoppers at local stores across the country this weekend, boosting foot traffic and holiday sales for independent retailers. Vendors, shop owners and city organizers promoted shop-local events in Sarasota, Casper, Summit, Fargo, Augusta, Bath, Atlanta, Bakersfield, Middletown, Chicago and Bozeman. American Express created the initiative in 2010; the Small Business Administration co-sponsors it. Reports cited increased customer visits, seasonal promotions and national survey forecasts estimating consumer holiday spending with a portion earmarked for small businesses. Local organizers reported promotions, vendor fairs and community outreach on Saturday. Based on 11 articles reviewed and supporting research.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

2010 — American Express launches Small Business Saturday to encourage local shopping.
2011 — U.S. Small Business Administration begins co-sponsorship of the initiative.
Nov. 29 (this weekend) — Communities nationwide held Small Business Saturday events and vendor fairs.
Nov. 29–30 — Local outlets reported increased foot traffic, promotions and discounting by independent retailers.
Early December — National figures and surveys (American Express, Intuit QuickBooks) provided context on overall holiday spending and small-business share.