* From IRMA…
WHERE: Illinois State Capitol
1st Floor, South Hall
301 S. 2nd Street
Springfield, IL 62707
WHEN: Thursday, April 14
Lunches available anytime between 11:30 a.m. - 1:00 p.m.
Illinois retailers launched a statewide campaign aimed at shining the spotlight on how little profit margin exists – just two cents – on every dollar spent in an Illinois retail establishment. The retailers Two Cents movement will highlight an industry increasingly burdened with a litany of cost mandates at federal, state, and local level resulting in scaling back employee hours, laying off employees and impacting overall growth. The harsh reality of today’s retail sector is that for every $1 spent in an Illinois retail establishment, only about two cents results in profit, holding true from grocery stores and gas stations, to pharmacies and hardware stores.
* This handy chart breaks everything down…