The rise of e-commerce giants like Amazon have changed consumers’ relationships with their retailers. And the effects are being felt on the streets of New York City. For the first time since before the 2008 financial crisis, retailers are closing more stores than they are opening. This year, the number of chain-store locations in New York shrunk by 0.3 percent to 7,849, according to the New York Post. Citing a report by the Center for […]
source https://therealdeal.com/2018/12/19/for-the-first-time-since-2007-nyc-retailers-are-closing-more-stores-than-they-are-opening/
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