Behind the Numbers – Nov. 2019

75%

Percentage of independent retailers who ranked the danger posed by Amazon as significant or extremely significant, making it the top threat to their businesses, according to the 2019 Independent Business Survey from the Institute for Local Self-Reliance (ILSR).

67%

Percentage of independent retailers who ranked their top challenge as big competitors who receive better pricing and terms from suppliers, according to the ILSR survey.

70%

Percentage of small businesses who said Amazon’s market power should be investigated by antitrust regulators, according to the ILSR survey.

52%

Percentage of independent retailers in cities who reported that commercial rents have been rising faster than sales, with just 6% saying rents have been growing slower than sales, according to the ILSR survey.

41%

Percentage of independent retailers that sought a loan in the past two years who did not receive the funding they needed, according to the ILSR survey. This figure was higher for businesses that are new, minority-owned or women-owned.

59%

Percentage of Americans who say Amazon is bad for small businesses, compared to 22% who say Amazon is good for small businesses, according to the CNBC Small Business Survey.