Mary Hamel is executive director of the Twin Cities Metro Independent Business Alliance (MetroIBA), an organization of locally owned businesses; she's also a former small-business owner. Julie Kearns is a veteran of Best Buy and Capella Education, who abandoned corporate life five years ago to focus on building Junket: Tossed & Found — an online and storefront retailer of secondhand goods on Minnehaha Avenue S. It's a century-old neighborhood that's sporting a number of new shops and refurbished stores that cater to the neighborhood and thrift shoppers. Kearns also is a neighborhood resident who recently expanded her store.
Q: Mary, what is the purpose of MetroIBA?
A: MetroIBA, also known as BuyLocalTwinCities.com, works to support and advocate for locally owned, independent businesses in the Twin Cities area. This is our 10th year. We have about 350 members. They range from appliance retailers, such as Warners' Stellian, to restaurants, hardware stores, such as Nokomis Hardware, Web developers, professional service firms, including architects, accountants, banks, such as Northeast Bank and Sunrise Banks and other local financial institutions, even trash removal, recycling and health-and-wellness businesses.
Q: Why is it more important to buy socks or shoes from an independent, locally owned business than Target or Wal-Mart?
A: When you buy from a locally owned business, the impact and the profits generated stay in our community. They buy other goods and services. It creates a multiplier effect. The [Minneapolis-based] Institute for Local Self-Reliance several years ago studied how much of a dollar spent at a local independent store is spent in the local area as payroll, goods and services purchased from area businesses … profits spent locally by owners, and charitable deductions. Each $100 spent at local independents generated $45 of secondary local spending, compared with $14 for a big-box chain.
Q: The media focused on Black Friday shopping, mostly big-box stores after Thanksgiving. You launched "Plaid Friday." What is that?
A: Plaid Friday was originated in Oakland, Calif., by one of our sister organizations. … It's a metaphor. A plaid fabric is colorful. It's about multiple fabrics, or small businesses, woven together to create a stronger fiber. We promoted the day as "Plaid is the new black." It was a hit with our members.
Q: How do your members market, particularly those mom-and-pop shops that can't afford media advertising?