Today we’re celebrating National Mom & Pop Business Owners’ Day! Mom & Pops couldn’t be nearer or dearer to our hearts. Our recent session at GlobalShop, the largest store design and at-retail marketing show in the United States, incorporated lessons learned from the retailer perspective, presenting ways in which major retail chains could incorporate some big ideas.
More and more, real retail innovation is showing up around the corner and in the neighborhood at our favorite independent stores. Whether it’s an old-school “Mom & Pop” or a one-off new shop, small, indie retailers are showing the big guys how it’s done, and done well. And today, we honor them!
Did you know that small business owners, including entrepreneurial start-ups, franchises and Mom & Pop stores, are the cornerstone of the U.S. economy? According to the U.S. Small Business Administration, there were more than 27 million Mom & PoP and other small businesses in the U.S. in 2011. These small businesses typically account for more than 60 percent of all net new U.S. jobs. In observance of National Mom & Pop Business Owner’s Day, Jackson Hewitt Tax Service is recognizing Mom & Pop and other small business owners with important tax tips and advice to help them achieve the best bottom line on their business and personal taxes. Click here for more information.
The recognition doesn’t end there. Let’s pledge to support these retailers and restaurateurs and all visit at least one Mom & Pop in our area today. We’re happy to report that Columbus, OH is home to an extensive list of small business owners—from North Market to Jeni’s Splendid Ice Creams and some of our favorite retail destinations like Substance, House Wine and Bungalow Home. We reported on some of these and more in our recent session, because what independents do best is put together a concept that breaks “retail rules,” creating something new and exciting. It may be a unique experience or assortment mash-up. It may be filling an unmet need or fulfilling a passion. Indies are behind one of the biggest trends of all—localization. Whether it’s local designers, events like Small Business Saturday and made-in-my-hood apparel, neighborhood spirit has never been stronger. Consumers are loving it and brands are embracing it.
As always, independent retail stirs up the market, brings us new ideas and keeps us shopping! Check out our Intelligence Report, “When Creativity Trumps Budget: What Indie Retail Can Teach Big Brands” for more details about how you can incorporate lessons from the indies. Be sure to support local innovation in your ‘hood, and don’t forget visit your favorite Mom & Pop today!