Sales Tax Revenue report
Jobs, Revenue, and Growth:
The Sales Tax Impact by Retail and Restaurants
Discover the impact on local economies
This annual report provides an in-depth analysis of 150 national retail and restaurant companies, offering valuable insights for economic development professionals and city leaders.
Inside, you’ll find:
- Total number of units across all companies
- Average unit volumes, revealing economic performance trends
- Estimated jobs per location, highlighting employment impact
- Sales tax revenue projections based on a 2% sales tax rate
This data-laden report highlights the significant contributions these businesses make to local economies, from job creation to tax revenue generation.
Download the Report
How do I use this report?
- Pair with your Retail Leakage Analysis to find what retail categories show the biggest opportunities
- Recruit retail or restaurants to add jobs and city sales tax revenue
- Consider your Peer Communities to identify which companies you could attract
Do you need a peer community report or retail leakage analysis?
We can help your city understand what retail to focus on!
Our resources are National Retail Federation and Restaurant Business.
Note: The Sales Tax 150 report is based on sales figures from 2023.
More Resources
& Articles
-
How Retail Recruitment Works: From Market Analysis to New Store Openings
For many community leaders, retail recruitment can feel like a mystery. Residents ask why a favorite restaurant isn’t in town. City councils want to see new retail development. Developers are looking for tenants. Yet many communities aren’t sure what actually happens behind the scenes to attract new retailers. The reality is that successful retail recruitment…
-
Retail for Every Season: How Destination Communities Can Build Year-Round Economic VitalityÂ
Tourism Brings Visitors. Retail Creates Staying Power. For destination communities, success is often measured by peak season performance. Hotels fill up. Restaurants stay busy. Downtown sidewalks are crowded. Sales tax collections have risen. But what happens when the season ends? That question was the focus of Retail Strategies’ recent webinar, Retail for Every Season: Building Year-Round Vitality in…
-
How a Downtown Action Plan Helped One Main Street Director Turn Uncertainty into MomentumÂ
When I came into this role, there had been high turnover of Main Street managers. It was a state of flux. There was a loss of, I would say, kind of distrust, with the downtown business owners and the property owners. I think the biggest problem with the the transition and why we were losing…
-
Retail Recruitment Is Economic Development: Lessons from Rural Strong with Lacy BeasleyÂ
For many rural communities, economic development conversations often focus on manufacturing, industrial recruitment, and workforce development. While those sectors remain important, retail plays a critical role in creating vibrant communities, generating sales tax revenue, and improving quality of life for residents. On a recent episode of the Rural Strong podcast, Retail Strategies President Lacy Beasley joined host…
