Business & Tech

Bed-Stuy Small Business Saturday: A Guide To Shop Local

Small biz is big in Bed-Stuy. Here's how to make the most of local shopping festivities (which include a Winter Wonderland) this Saturday.

Bed-Stuy shops are looking to help you spend dollars locally.
Bed-Stuy shops are looking to help you spend dollars locally. (Peter Senzamici / Patch)

BED-STUY, BROOKLYN — Saturday is an important day for independently owned small businesses across Bed-Stuy: it's Small Business Saturday, the first in a series of "shop small" events that emphasize the power of dollars spent in local communities.

Small Business Saturday is sandwiched between the major Black Friday retail shopping holiday that tends to favor national brands and Cyber Monday, an online shopping event that this year takes place on Nov. 28.

This year, the Bed-Stuy Gateway Business Improvement District is celebrating the day by launching its month-long Winter Wonderland at Marcy Plaza.

Find out what's happening in Bed-Stuyfor free with the latest updates from Patch.

Small local businesses participating in the Small Business Saturday event include Brooklyn Tea, Buka New York, and Oh My Heavenly Hair, according to the event website.

And searching for "Bed-Stuy" on the official Small Business Saturday map shows dozens of participating shops in the neighborhood. A few examples include:

Find out what's happening in Bed-Stuyfor free with the latest updates from Patch.

Plus many more. Find other participating shops by searching for a business name, ZIP code or neighborhood on the official map website.

For many without the scale of established national chains to cruise through COVID-19 pandemic disruptions, fourth-quarter sales could make the difference between hanging on or shuttering their shops.

Last year, Small Business Saturday sales topped $23 billion. Since the first Small Business Saturday in 2010, consumers have spent an estimated $163 billion, according to American Express, the longtime sponsor of the event.

Two-thirds of every dollar spent at a local business remains in the community, according to most estimates. There’s a little more to the so-called "local multiplier effect," according to the American Independent Business Alliance.

A study from that group found that, on average, 48 percent of every purchase at a local independent business is recirculated locally, compared to less than 14 percent of purchases at chain stores.

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