Posts tagged "retail leakage"
With gas prices registering $1.25 a gallon higher than they were last year in the Chicago area, the average household is spending more on gas. Economists estimate that it’s almost 8 percent of their income on gas. But some say that percentage is probably higher for the poor who earn less and typically travel farther... Read more »
As local grocery store chains lower prices in an effort to lure more shoppers, many South Side residents spend billions of dollars elsewhere because their communities lack sufficient retail outlets as Natalie Moore of Chicago Public Radio explains. In The Chicago Reporter’s new cover investigation, Kelly Virella documents how race and gentrification may drive the... Read more »