HSBC, one of the biggest banks on the planet, has taken to calling itself “the world’s local bank.” Starbucks is removing its name from at least three of its Seattle outlets, the first of which just reopened as “15th Avenue Coffee and Tea.” Winn-Dixie, a 500-outlet supermarket chain, recently launched a new ad campaign under the tagline “Local flavor since 1956.” The International Council of Shopping Centers, a consortium of mall owners and developers, has poured millions of dollars into television ads urging people to “Shop Local”—at their nearest mall.

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