NEW YORK CITY—Although bricks and mortar retail has been facingunprecedented challenges, the number of national retailers in NewYork City continues to rise, according to a report released by theCenter for an Urban Future.
The organization's 10th annual “State of the Chains”report notes that the number of national retailers in New York Cityrose 1.3% in 2017 from a year earlier to 7,317 locations. Manhattan, which last year suffered aslight decline in national retail locations in 2016,saw a 0.9% increase in 2017 to 2,734 locations. Brooklyn led theouter boroughs with a 3.1% hike in national retailer locations to1,587 in 2017, followed by the Bronx, which posted a 1.8% increaseto 907 locations, Queens came in next with a 0.9% increase to 1,680and Staten Island posted the only decline in locations, down 1.9%from 2016 to 409.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
