REVEALED: One in seven - or 1,000 - chain store branches in NYC closed this year and HALF of those were in Manhattan
New York City saw a record one in seven chain store branches, including Starbucks and Dunkin' Donuts, close this year with Manhattan suffering the biggest blow as nearly 600 businesses shut their doors. According to the Center for an Urban Future’s 2020 State of the Chains that was released Wednesday, the number of chain stores in the Big Apple declined by 13.3 per cent, which means some 1,057 businesses closed. Two per cent have closed temporarily and 11.3 per cent haven't indicated whether the closures are permanent or temporary. Dunkin Donuts, which is New York City's largest retail chain with 608 locations, lost 18 stores. The coffee chain's competitor, Starbucks, lost 49 of its 391 branches. New York City saw a record one in seven chain store branches, including Starbucks and Dunkin' Donuts, close this year with Manhattan suffering the biggest blow as nearly 600 businesses shut their doors According to the Center for an Urban Future’s 2020 State of the Ch