The National Mom and Pop Business Owners Day was established by Rick and Margie Segel in honor of their parents and the successful hat shop they opened in 1939. Mom-and-pop shops are incredibly important to the economy and the communities they exist in. Almost 70% of all new jobs in the country are the result of mom-and-pop shops. There are more than 7,936,977 small businesses in the USA. Small mom-and-pop shops provide more than just their services and jobs; they also function as community centers. The phrase mom-and-pop refers to small businesses run by families in the community they serve. Shop local, promote local small businesses, and help improve your community today!