ARCHIVED  May 12, 2006

Greeley’s holiday shopping not dampened by Centerra

Before the Promenade Shops at Centerra opened last fall in Loveland, some people predicted the demise of the Greeley Mall and a dip in retail sales tax revenues for the city of Greeley.

But high gas prices and recent retail development in Greeley appears to have played in the city’s favor.

From October of last year through February of this year, Greeley retail sales-tax revenues increased about 10 percent or more compared with the previous year. Sales taxes collected in December, which reflected retail sales for November, increased the most – 15.47 percent.

That coincided with the beginning of the…

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