The Center for an Urban Future’s third annual ranking of national retail chains in New York City found that despite the floundering economy, chain stores have expanded 4.1% overall in the city. The largest percentage of expansion occurred in Brooklyn (5.3%), while Manhattan housed the largest number of chain stores (2,746), followed by Queens (1,479), Brooklyn (1,333), the Bronx (742), and Staten Island (403).
For the most number of stores city-wide, Dunkin Donuts crushed the competition with 466 stores, up from 429 last year. Second place went to Subway, and the bronze went to Starbucks. See chart below.
Chains that significantly expanded their presence in the city included T-Mobile, MetroPCS, Starbucks, 7-Eleven, Chipotle, Walgreens, GameStop, Pret A Manger, and The Children’s Place. Those that closed a significant number of stores included McDonald’s, Pizza Hut, Blockbuster, Nine West, Tasti-D-Lite, Curves, and Quiznos.
Download the full report and see all the winners and losers broken down by borough and ZIP code here.
And here’s a partial list of the chains with the most stores in the city:
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The bad economy made the commercial rents fall, so it’s a perfect time to get in, and lock in an attractive lease.