NASHUA – New Hampshire’s retail industry is finally recovering from the great recession, as is obvious from both sales and employment, thanks partly to America’s slow economic recovery and partly to our northern neighbors.
“Canada tourists are coming to New Hampshire in record numbers,” said Nancy Kyle, director of the New Hampshire Retail Merchants Association, during a presentation Thursday before the Greater Nashua Chamber of Commerce. “The outlets at Merrimack and Tilton are starting to market to Canada, and that went very well.”
Kyle was one of three panelists at the Citizens Bank Business Insider breakfast, which discussed the retail industry.
Also on the panel were Nashua Mayor Donnalee Lozeau and Elaine Devine, general manager of Merrimack Premium Outlets, whose June 2012 opening was the biggest success story for New Hampshire retail in several years.
Kyle pointed to several factors for this, notably a sharp increase in the value of goods that Canadians can buy in the U.S. and take back home, duty-free.![]()
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