Storms leave city of Stroud strapped
Like other centers in the outlet industry, business had dropped off.
At the end of October, sales in outlet center stores open at least a year had dropped almost 2 percent nationwide, according to Value Retail News.
In Stroud, about eight of the 53 stores were not in operation at the time of the tornado.
“Guess, Levi’s and the golf shop had left recently,” Maddux said. Another store was considering leaving, he said.
When the mall was announced, Tanger estimated the facility would generate $1.5 million in annual sales taxes for Stroud.
But the city has never seen figures that high.
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