Retail neighborhoods a thing of past

Retailers in New York City used to locate themselves in certain streets or neighborhoods to serve a targeted market, but in recent years, that dynamic has changed, according to retail brokers interviewed by The New York Times. More and more seemingly incompatible types of retailers are intermingling on a single block or street due to the infusion of national and foreign retailers, the adventuresome nature of national retailers and the rapid upgrading of Manhattan neighborhoods. more [NYT]

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