Tales of Retail
James Joyce once puzzled whether it would be possible to cross Dublin without passing a pub. As it turns out, despite having more than 22 pubs per square mile, with the help of a computer algorithm, it just barely is. Today, after The Center for an Urban Future released its fifth annual study ranking the national retailers popping up all over in New York City, it might have found a harder puzzle to solve. With a reported 24 locations per square mile, is it possible to cross New York without passing a chain store?
The report showed a 2.4 percent increase in the total number of chains over the past year, despite prominent retailers like Filene’s Basement and Betsey Johnson closing their doors. It is boom maintained by trusty stalwarts like Dunkin Donuts, which opened 18 stores in the last year for a total of 484 citywide, followed closely by Subways, with 454 locations, and despite seeming to be on every street corner, Starbucks, with a mere 272 locations.
In July, Dunkin’ Donuts went public (or: started to have stock in the company sold on the Nasdaq Stock Market, Homer). And since that very famous, much-ballyhooed public debt, shares in the company soared 42% above where they were since they started selling them. Who lead the Dunkin’ IPO and helped get that thing selling?
The Center for an Urban Future, a nonpartisan think tank based in Manhattan, released its first-ever ranking (PDF) of the national chain retailers with the most stores in New York City.
Perhaps surprisingly, Starbucks did not even make it into the top three, though the Seattle-based coffee chain does have the biggest Read More
Thirty-minute-meals gal Rachael Ray, who is also the face of the “America Runs on Dunkin’” campaign, has offended America with her allegedly Palestinian fashion statement.
In a recently released ad, the chef appears wearing—gasp!—a black-and-white scarf that resembles a keffiyeh. This seemed to especially tick off Republican commentator Michelle Malkin, who wrote that Read More