Sprint is the fastest-growing national retailer in NYC: report

Mobile company grew to 70 locations in 2015, up from 28 year-over-year

TRD New York /
Dec.December 23, 2015 11:12 AM

Cellphone carrier Sprint was the fastest-growing national retailer in New York City in 2015 with 70 stores across the five boroughs — up from only 28 locations in 2014, according to a new study.

Dunkin’ Donuts, meanwhile, widened its lead as the biggest chain store in New York City with 568 stores – with 124 more locations than second-place sandwich giant Subway, which has 444 store locations across the city.

Electronics retailer RadioShack, however, was on the opposite end of the spectrum after filing for bankruptcy earlier this year, having downsized to only 37 locations in New York compared to 113 stores in 2014.

The annual study by the Center for an Urban Future found the growth in chain store retail locations in New York has slowed “considerably” over the last year and was up only 1 percent between 2014 and 2015, compared to a 2.5 percent gain between 2013 and 2014.

The report also showed that the Bronx experienced the largest year-over-year increase in chain stores among all boroughs – 944 stores in 2015 compared to 914 the year prior, a 3.3 percent increase.

Brooklyn was close behind with a 2.6 percent increase, with 1,633 national retail locations compared to 1,592 last year. Queens experienced a slight 0.8 percent increase in its number of national retailers, to 1,749 stores from 1,735 the previous year.

Manhattan and Staten Island, meanwhile, experienced slight declines in their number of chain stores. Manhattan, in particular, dropped only 0.1 percent to 2,804 locations, while Starbucks still remains the top national retailer in the borough with 220 locations.

Rounding out the list of the top 10 national chains stores in New York, after Dunkin’ Donuts and Subway, were MetroPCS (323 locations), Duane Reade/Walgreens (307), Starbucks (307), McDonald’s (232), T-Mobile (217), Baskin Robbins (214), Rite Aid (197) and GNC (175). – Rey Mashayekhi


Related Articles

arrow_forward_ios
Clockwise from top left: 312 West 34th Street, 61 North 9th Street, 639 Classon Avenue, and One Fulton Square (Credit: Google Maps)

These were the top 10 NYC retail leases in July

These were the top 10 NYC retail leases in July
Ricky's at 830 Broadway (Credit: NYC Go)

Ricky’s, iconic NYC beauty shop, faces
more closures

Ricky’s, iconic NYC beauty shop, faces
more closures
From top, clockwise: Cushman & Wakefield's Joanne Podell, Showfields' Amir Zwickel, Appear Here's Josh Yentob, Brookfield Properties's Mark Kostic (Credit: Getty, LinkedIn)

When it comes to retail, “real estate in New York is fundamentally broken”

When it comes to retail, “real estate in New York is fundamentally broken”
City’s new Open Storefronts program will allow shop owners to sell their wares on sidewalks (Getty)

NYC to allow store owners to sell wares on sidewalks

NYC to allow store owners to sell wares on sidewalks
(Getty)

When the music stops: Guitar Center could file for bankruptcy

When the music stops: Guitar Center could file for bankruptcy
Abandoned malls are being turned into senior housing, giving planners a chance to rethink retirement communities (iStock)

Abandoned malls get new life as senior housing

Abandoned malls get new life as senior housing
J.C. Penney CEO Jill Soltau and Aurelius Capital Management CEO Dirk Markus (Getty; Wikipedia Commons)

J.C. Penney creditors want slow down “bad faith” sale

J.C. Penney creditors want slow down “bad faith” sale
An aerial view of a pop-up drive-in theater built in the parking lot at the Broadway Commons in Hicksville, New York (Getty)

Covid pummeled shopping centers, but their parking lots are thriving

Covid pummeled shopping centers, but their parking lots are thriving
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...