Sales reaching over $5.7 billion
Lafayette, LA (KADN) — 2012 turned out to be the best year in the history of Lafayette in retail sales coming in a little over $5.7 billion.
"That's a significant increase from last year and more than our all time high, which was about $5.4 billion," says Gregg Gothreaux, President & CEO of Lafayette Economic Development Authority.
The previous retail sales record was set in 2008. Sales dipped in 2009 and have been climbing ever since. President Gregg Gothreaux says the steady sales across all categories reflects the diversity and stability of the economy and the confidence of local consumers to invest in big ticket items. Big ticket items like the clothing retail store Parklane, which opened it's doors fourteen months ago.
"We've just got over Mardi Gras so for us that's a big time of the year, but for us personally our numbers just keep climbing and climbing which is a wonderful feeling," says Aileen Dauterive, owner of Parklane.
And it doesn't stop there, Gregg Gothreaux sees a bright future ahead of Lafayette.
"We've got at least three years of great news ahead of us. We've got major expansions, we've got good opportunities with companies coming to the area," says Gothreaux.
The owner of Parklane is just as hopeful.
"If what we've had the last year is any indication I see us expanding. I'm just really grateful and enjoying every second of it," says Aileen.
Lafayette's resilience to the country's recession and recent spike in numbers are big indications of what is to come.
"Says Lafayette's one of the best places in the country to do business. It's one of the best places in the country to get a job, and we just learned yesterday it's one of the best places in the country according to Forbes magazine to be a working retiree," says Gothreaux.