{"id":140091,"date":"2020-12-23T13:01:22","date_gmt":"2020-12-23T10:01:22","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/famous-brands-close-their-big-apple-shops-in-record-numbers\/"},"modified":"2020-12-23T13:01:22","modified_gmt":"2020-12-23T10:01:22","slug":"famous-brands-close-their-big-apple-shops-in-record-numbers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/famous-brands-close-their-big-apple-shops-in-record-numbers\/","title":{"rendered":"#Famous brands close their Big Apple shops in record numbers"},"content":{"rendered":"<p>&#8220;<strong>#Famous brands close their Big <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le shops in record numbers<\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/Dunkin-Donuts-1.jpg?quality=90&amp;strip=all\" \/><\/p>\n<div>\n<p>The Big Apple saw a record one in seven nationally recognized chain-store branches close their doors this year as the pandemic sent consumers scurrying for cover, according to a new report.<\/p>\n<p>Some 1,132 chain stores \u2014 including 70 Duane Reades, 54 Starbucks and 22 Papyruses \u2014 have waved the white flag over the past 12 months, according to the Center for an Urban Future\u2019s annual \u201cState of the Chains\u201d report, set to be \u00adreleased Wednesday.<\/p>\n<p>The 14.2 percent decline shatters all previous records reported by the nonprofit agency since it began tracking the data 13 years ago. Last year, just 3.7 percent of all chain outlets closed, up from 0.3 percent in 2018.<\/p>\n<p>\u201cIf the national chains are scaling back like this, I have to imagine it\u2019s twice as bad for mom-and-pop stores, who don\u2019t have the same ability to weather a storm or get access to \u00adfinancing,\u201d said the center\u2019s executive director, Jonathan Bowles.<\/p>\n<p>Manhattan absorbed the deepest cuts with 546 chain closures \u2014 \u00adalmost half of the city total \u2014 due to the borough\u2019s dependence on office workers, tourists and wealthy residents who have decamped to homes outside the city.<\/p>\n<p>Midtown East, a swath that covers Rockefeller Center and Fifth Avenue up to 60th Street, suffered the biggest blow with a 24 percent decline in stores.<\/p>\n<p>Among the hardest hit sectors were sandwich shops that cater to office workers, many of whom since March have been able to work from home, according to the report.<\/p>\n<p>Dunkin\u2019 Donuts remains the Big Apple\u2019s biggest retail chain with 608 locations, the report said. But the popular chain also lost a record 28 stores, marking its first year-over-year decline.<\/p>\n<p>Gyms and pharmacies also suffered as people exercised more at home and increasingly turned to the Internet to buy basic necessities like toothpaste.<\/p>\n<p>SoulCycle, owned by billionaire President Trump supporter Stephen Ross, has closed all 21 of its indoor \u00adfacilities in the city \u2014 though its Web site <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/pagesix.com\/2020\/09\/01\/soulcycles-outdoor-covid-safe-classes-arrive-in-nyc\/?_ga=2.54319084.557797605.1608667436-1764175237.1572890003\">offers spin classes<\/a> at three outdoor locations, including a Tribeca rooftop.<\/p>\n<p>Other popular chains to close a significant number of outlets include:<\/p>\n<ul>\n<li>\u200aDuane Reade\/Walgreens, which closed 70 of 317 outlets.<\/li>\n<\/ul>\n<ul>\n<li>\u200aStarbucks: Closed 54 of 391 \u00adoutlets.<\/li>\n<\/ul>\n<ul>\n<li>\u200aSubway Restaurants: 48 of 287.<\/li>\n<\/ul>\n<ul>\n<li>\u200aMAC Cosmetics: 25 of 34.<\/li>\n<\/ul>\n<ul>\n<li>\u200aLe Pain Quotidien: 14 of 37.<\/li>\n<\/ul>\n<ul>\n<li>\u200aVictoria\u2019s Secret: 10 of 23.<\/li>\n<\/ul>\n<p>But it\u2019s not all doom and gloom.<\/p>\n<p>Some 40 chains actually added locations, led by Popeyes fried-chicken fast food, which added 10 locations.<\/p>\n<p>And Bowles believes there\u2019s a chance that much of the food-sector decline is only temporary, assuming a large number of workers return to their offices when the pandemic eases.<\/p>\n<p>The closures could also spark a new generation of business owners seeking to become big-brand franchisees.<\/p>\n<p>\u201cWe are going to see a new wave of entrepreneurship,\u201d Bowles said.<\/p>\n<p>\u201cPeople who were fortunate enough not to have businesses at this time, and we also might see some chains go into different parts of the city that were not as hard hit as \u00adManhattan.\u201d\n            <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2020\/12\/23\/famous-brands-close-their-big-apple-shops-in-record-numbers\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Famous brands close their Big Apple shops in record numbers&#8221; The Big Apple saw a record one in seven nationally recognized chain-store branches close their doors this year as the pandemic sent consumers scurrying for cover, according to a new report. Some 1,132 chain stores \u2014 including 70 Duane Reades, 54 Starbucks and 22 Papyruses&#8230;<\/p>\n","protected":false},"author":1,"featured_media":140092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/12\/Dunkin-Donuts-1.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[75721,87558,72220,70344,77294,61594,72178,458,4953,80389,81023],"class_list":["post-140091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-starbucks","tag-12-23-20","tag-chain-restaurants","tag-coronavirus-in-ny","tag-dunkin-donuts","tag-exclusive","tag-franchises","tag-gyms","tag-new-york-city","tag-pharmacy","tag-rockefeller-center"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/140091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=140091"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/140091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/140092"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=140091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=140091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=140091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}