RUTLAND, Vt. (AP) - A business consultant says the city of Rutland, Vt., could use more toy and book stores, and restaurants.
Tripp Muldrow of South Carolina performed a marketing study commissioned by the Downtown Rutland Partnership in 2009. He discussed an update Wednesday.
The Rutland Herald reports Muldrow said Rutland serves as a commercial center for a large region.
To identify business opportunities in Rutland, Muldrow looked for "retail leakage" - how much is spent by residents compared to how much is spent in Rutland stores.
He said Rutland retail sales went from $501 million in 2008 to $479 million last year. Muldrow said the loss was "pretty respectable" when compared to the rest of the country.
Spending by local consumers went from $263 million to $241 million in the same period.
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