The Wall Street Journal reports:
The 307 national retailers tracked in the survey expanded to a total of 6,994 city stores this year, from 6,883 in 2010. About one-third of the chains had fewer city locations over the past 12 months, including American Apparel (seven stores in 2011 vs. 20 in 2010), Borders (which closed all nine of its stores), and Blockbuster (10 stores in 2011 vs. 30 in 2010).
Manhattan was the only borough which had a net drop in chain stores, with a loss of at least 10 stores in each of the Upper East Side, Midtown West and Greenwich Village/SoHo areas.
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