Tuesday 15 July 2014

Community Shops demonstrate that buying local really does exist

Wren Shop East Knoyle
There were 309 community shops trading at the end of 2013 an increase of 6% over the year. Like for like sales growth was 1.9%. Most shops are in the south and southwest. 95% of shops which were open in 1992 are still in business. The majority of community shops have chosen to register as an Industrial and Provident Society (IPS) for the Benefit of the Community. Turnover ranged from £6,500 to £1,103, 653. Sales increased by 1.9% in 2013 - better than the supermarkets! 65% of shops were run both by paid staff and volunteers. 70% of shops had postal services.
The Plunkett Foundation