The number of chain stores in Queens dropped by more than 10 percent over the past year, according to a new report.
In all, 198 chain stores shut their doors in the borough — an 11 percent drop over the past year, according to the Center for an Urban Future’s 13th annual State of the Chains report.
Citywide, more than 1,000 chain stores — nearly one out of every seven — closed in 2020. The report defines a chain store as part of a national or regional chain that has at least two locations in New York City and at least one location outside city limits.Queens saw the second biggest drop of the five boroughs, behind Manhattan. Twenty retailers experienced a net decline of at least three stores in Queens during 2020, according to the report