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A GUIDE TO RETAIL IMPACT STUDIES <br />forecast, it should be used. However, keep in mind that such forecasts will make no attempt to <br />quantify full-time versus part-time workers and may introduce wage and benefit values that do <br />not apply across the board. <br />To forecast total retail employment in the market area after the opening of the large-scale <br />retailer, however, requires recognition of the sales diverted from existing retailers and the <br />associated reduction in employment. For example, if existing grocery stores currently employ <br />ten persons per $10X of sales, a loss of $1X in sales will be forecast to result in the loss of one <br />local grocery job. To calculate the net change in employment in the local grocery sector, that <br />loss is added into the grocery employment in the new store. <br />This chart is drawn from the same study as that on page 17 and shows calculations for changes <br />in retail employment: <br />ECONOMIC AND FISCAL IMPACTS <br />GROCERY <br />Year 1Year 5Year 10 <br />LowMediumHighLowMediumHighLowMediumHigh <br />VariableSales Diverted from Other Merchants3%5%7%3%5%7%3%5%7% <br />Change in Sales ($ Millions)1.42.33.31.32.33.20.92.33.2 <br />Change in Employment-327-316-416 <br />Impact <br />Change in Sales Tax Collections ($)59,70899,514139,31959,70899,514139,31959,70899,514139,319 <br />GENERAL MERCHANDISE <br />Year 1Year 5Year 10 <br />LowMediumHighLowMediumHighLowMediumHigh <br />VariableSales Diverted from Other Merchants25%15%5%25%15%5%25%15%5% <br />Change in Sales ($ Millions)3.43.94.33.43.84.33.43.84.3 <br />Impact <br />Change in Employment202326202326202326 <br />TOTAL <br />Year 1Year 5Year 10 <br />LowMediumHighLowMediumHighLowMediumHigh <br />Sales WITHOUT New Retailer ($ Millions)33.333.333.333.633.633.633.833.833.8 <br />Sales <br />Sales WITH New Retailer ($ Millions)38.139.540.938.339.741.138.139.941.3 <br />Change in Sales ($ Millions)4.86.27.64.76.17.54.36.17.5 <br />Impact <br />Change in Employment172533172432162432 <br />This chart is drawn from another study analyzing the impact of a proposal to expand an existing <br />discount store into a supercenter with groceries. <br />20 <br /> <br />