Report: Bronx sees increase of chain stores

Posted: Updated:
GRAND CONCOURSE -

The Bronx is booming and more chain stores are opening for business in the borough, according to one non-profit economic development corporation. 

President of the Bronx Overall Economic Development Corporation Marlene Cintron says the number of chain stores in the Bronx increased 4.3 percent in 2017.

She says the figure is more than any other increase seen in other boroughs and more growth means more jobs and opportunity.

"Because we've been so retail starved for so long, we consider going to these stores, honestly as retail therapy," she says.

While comparatively lower rent may be what's alluring the 907 new retailers, Cintron says any investment in the Bronx is good for all.

A dollar that is spent in the local community goes around six times in the community," she says.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."