Center for an Urban Future news and archive

Chain retailers reduce footprint in NYC for the first time since 2008 crisis

For the first since 2007, retailers are closing more chain stores in New York City than they are opening. The number of chain stores in the Big Apple has declined by 0.3 percent over the past year, according to the latest annual ranking of national retailers in New York City, published by the Center for an Urban Future (CUF). Never before has...