We have been quoting Cinda Baxter's 3/50 Project recommendations for years:
- Choose 3 local independent businesses that you would miss if they disappeared.
- Spend $50/month at those businesses to ensure that they don't disappear.
According to Cinda's research 68% of our purchases at local, independent retailers stays local, compared to 43% of money spent at national chains.
I have always known that far more of any M&C purchase stays in our community, because most of our merchandise comes from you, our customers... our friends... our neighbors.
I finally took the time to look at our expenses and sales, and figure it out. Over 90% of your M&C purchases stays local. The biggest chunk of the remaining 10% is payroll taxes. The rest is some of our retail-inventory cost, plus supplies that we buy from local businesses that were not made in the USA, plus some retail supplies that we just can't buy locally. We are always working to reduce that number by creatively re-using materials, buying secondhand, and by searching out local alternatives.
Retail sales at M&C amount to only 3% of our total sales, but about 1/2 of our retail products are created in New England: Ben's Syrups, Badger's shampoo and sunscreens, Heritage Woodworkers' clothes-drying racks, Harrisville looms, Amy Conley's music, Marrianne O'Connor's Haunted Hikes, Kittiwake postcards, Earth, Sky + Water's folding guides, and Coconati's truffles.
So... Thank you! You have made this possible. Thank you for being a part of the M&C community!