Pahoa RX Pharmacy - Are they still open?

[Bob Orts]

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Originally posted by KeaauRich

First of all, the Longs in Pahoa is not a WalMart, so I don't think we can extrapolate all the negative findings of these studies, some of which are almost 20 years old. And as Bob notes, commerce on the Big Island is different than commerce on the mainland, so again, I think we need to look more deeply before drawing conclusions on mainland-based studies.

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Part of the mistake made in those studies was assuming that the end profits remained with the owner. In a corporate chain, yes the money goes where the corporation is located. With a local owner the money remains with the owner.

But, nobody followed beyond that assumption. What if the local owner took half of it and invested in a retirement home in Florida? That money is no longer in the local community. What if they went to Vegas and gambled away some of it? That money is no longer remaining in the local community. Likewise, the national corporation may use all or some of that money to reinvest in another store in the community. If it’s being returned through investment, it’s back in the local community. They may use that money to pay for corporate employees to visit that store. Those people are spending money locally when they are there so money is flowing back to the community.

To assume that just because the owner is or isn't local is the sole determining factor as to if the money remains in the local community; is false.