Chains Clobber Mom-and-Pops in New York
Mom-and-pop shops in New York are being rapidly replaced with chain stores, according to a new count that shows more than 5,700 chain outlets in the city.
"A new study shows national chain stores are dominating New York's retail space, with Dunkin' Donuts leading the pack."
"The Center for an Urban Future, a New York-based think tank, counted more than 5,700 national chain stores in the five boroughs, including 32 retailers with 50 or more outlets."
"Manhattan has more than 2,200 chain stores, while Brooklyn and Queens have more than 1,200 each. The Bronx and Staten Island have nearly 1,000 chain outlets combined."
"'Part of the reason we did this is because the mom-and-pop business is suffering in large parts of the city,' Bowles said. 'Maybe some of this data could be used to help spur innovative solutions.'"
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