Quincy Seeing Economic Benefits of Large Retailers

Published: Dec. 10, 2024 at 7:24 PM CST|Updated: 13 hours ago

QUINCY (WGEM) – The recent increase in the number of large retail stores in Quincy has created economic benefits for the city.

Up and down Broadway Street, large retail stores such as Target and Ollie’s have popped up. The benefits of those companies bringing their shops in are numerous.

“You’re seeing so many opportunities coming up with jobs and just more people coming to the city,” said Quincy Assistant Planning Director Jason Parrott.

According to Parrott, the increase in large retail stores in Quincy is causing a positive chain of events within the city. More shops mean more shoppers which means more tax revenue.

“When the people from out of town come to shop at Target, they’ll see that there are restaurants in town that have good reviews and then we start seeing more business for small businesses,” explained Kyle Moore, president of the Great River Economic Development Foundation.

Moore, who served two terms as Quincy mayor from 2013-2020 added that in his time residing and working in Quincy, he has not seen growth like this.

Parrott also added that the current explosion of large retail stores emerging is not expected to stop in the future.

“With the way it’s going now, we really could see more stores opening up within the next few years,” Parrott explained.