The New Coney Island - Brooklyn's Times Square by the Sea

Tuesday, December 23, 2014

The Rise of the Chain Stores in NYC

You ain't seen nothin yet! Love it! Brooklyn respect!

NYCfuture.org excerpt -

Our seventh annual ranking of national retailers in New York City reveals that the expansion of chain stores across the city picked up considerably over the past year. Overall, there was a 2.8 percent increase in the number of national retail locations between 2013 and 2014, a much more significant increase than the 0.5 percent gain between 2012 and 2013.
 
Our analysis shows that the 309 retailers that were listed on last year’s ranking expanded their footprint in New York City from a total of 7,303 stores in 2013 to 7,508 stores in 2014, a 2.8 percent increase.1 This marks the sixth straight year there has been a net increase in the number of national chain stores in the five boroughs. 

For the seventh consecutive year, Dunkin Donuts tops our list as the largest national retailer in New York City, with a total of 536 stores. Over the past year, Dunkin Donuts had a net increase of 21 stores in the city (a 4 percent gain). Subway is still the second largest national retailer in the city; gaining one additional store over last year’s total to make 468 locations across the five boroughs. Rounding out the top ten national retailers in New York are: Duane Reade/Walgreens (with 318 stores)2, metroPCS (294), Starbucks (280), McDonalds (244), Baskin Robbins (210), Rite Aid (2010), T-Mobile (185) and GNC (156). In all, there are now 16 retailers with more than 100 stores across the city.

Almost a third of the 300 national retailers on this year’s list3 increased their footprint in the city by at least one store over the past year, compared to 29 percent last year, and 27 percent reduced their footprints since last year. A few national retailers, including Coldwater Creek, Submarina CA Subs, Gloria Jean’s Coffees, Juicy Couture and Goodburger closed all of their New York City locations since last year. The remaining 40 percent of retailers did not have a net change in the number of locations in the city.

All boroughs except Staten Island experienced net increases in the number of national retailers, with Queens seeing the largest year-over-year percentage increase in the number of chain stores. Between 2013 and 2014, the number of national retail locations in Queens increased by 6.4 percent, going from 1,663 stores last year to 1,770 stores this year. The Bronx saw the second highest percentage increase in the number of national retailers (+4.2 percent—from 877 stores in 2013 to 914 stores in 2014), followed by Brooklyn (+3.4 percent—from 1,540 stores to 1,593) and Manhattan (+0.4 percent–from 2,798 stores to 2,808). The number of national retailer locations on Staten Island remained the same since last year, at 425.

Starbucks has more stores in Manhattan than any other national retailer, with 205 locations. In each of the other boroughs, Dunkin Donuts tops the list—it has 161 stores in Queens, 125 in Brooklyn, 79 in the Bronx and 31 on Staten Island.  Starbucks actually had a net loss of seven locations in Manhattan and one on Staten Island, and net increases in all the other boroughs.

Among the retailers with significant store growth over the past year:

  • metroPCS: 294 locations, up from 261 in 2013 and 7 in 2009
  • T-Mobile: 185 locations, up from 161 in 2013 and 96 in 2009
  • CVS: 140 locations, up from 118 in 2013 and 107 in 2009
  • Dunkin Donuts:  536 locations, up from 515 in 2013 and 429 in 2009
  • GNC: 156 locations, up from 138 in 2013 and 110 in 2009
  • 7-Eleven: 139 locations, up from 124 in 2013 and 59 in 2009
  • Checkers: 28 locations, up from 18 in 2013
  • Chipotle: 50 locations, up from 43 in 2013 and 25 in 2009
  • Cohen’s Fashion Optical: 58 locations, up from 51 in 2013 and 45 in 2009
  • Family Dollar: 66 locations, up from 60 in 2013 and 5 in 2009
  • Applebee’s: 30 locations, up from 26 in 2013 and 17 in 2009
  • L'Occitane:  23 locations, up from 14 in 2013 and 12 in 2009
  • Modell’s: 43 locations, up from 39 in 2013 and 34 in 2009
  • Pret A Manger: 39 locations, up from 34 in 2013 and 21 in 2009
  • Urban Outfitters: 14 locations, up from 10 in 2013 and 7 in 2009
  • Second Time Around: 11 locations, up from 5 in 2013
  • Tiger Schulmann’s: 11 locations, up from 6 in 2013 and 7 in 2009
  • M•A•C Cosmetics: 16 locations, up from 12 in 2013 and 7 in 2009
  • Chop’t: 14 locations, up from 11 in 2013 and 8 in 2012
  • Just Salad: 14 locations, up from 11 in 2013 and 6 in 2011
  • Pep Boys: 12 locations, up from 8 in 2013 and 7 in 2009
  • Uniqlo: 5 locations, up from 3 in 2013 and 1 in 2009 

https://nycfuture.org/research/publications/state-of-the-chains-2014

No comments: