What do we do about retail leakage?

What do we do about retail leakage?

Retail leakage, for our purposes, is the gap between the money spent by local consumers and the revenue generated by local businesses, often due to residents shopping in neighboring areas. Significant retail leakage in an area points to opportunities for new and...
Improving access to childcare as local economic development

Improving access to childcare as local economic development

“Employers can no longer afford to overlook America’s escalating child care crisis,” according to a January article in Site Selection magazine. A report from the NC Chamber Foundation indicates that thousands of North Carolinians are leaving the workforce, forgoing...