Business & Tech

Here's How Many Chain Stores Closed In The West Village In 2020

A new report found that nearly 30 chain stores have shuttered in the West Village and Greenwich Village in 2020.

WEST VILLAGE, NY — The coronavirus pandemic has had a devastating effect on small businesses in New York City, but a new report shows that the crisis has shuttered hundreds of retail chains across the city — including in the West Village.

Overall, 10 national chain stores closed this year in the West Village, with another 18 closing in Greenwich Village during the period, according to the report released Wednesday by the Center for an Urban Future.

Here's the full break down for retail store closures within the 10012 and 10014 ZIP codes:

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10014 (West Village)

  • 2020: Chain Stores — 44
  • 2019: Chain Stores — 54
  • 19 percent drop

10012 (Greenwich Village)

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  • 2020: Chain Stores — 92
  • 2019: Chain Stores — 110
  • 16 percent drop

Overall, the 13.3 percent citywide decline in the number of chain stores this year is by far the largest in the study's 13-year history. Manhattan saw the steepest losses, with its chains shrinking by 17.4 percent.

This year, the chain with the most closures in New York was Metro PCS, which closed a whopping 134 locations — partly due to consolidation with its parent company T-Mobile. Dunkin' Donuts, the largest national chain in New York City, lost locations for the first time in the study's history.

The study was conducted between mid-November and early December, using information on each retailer's website about its open locations. About 2 percent of the closures it measured were temporary, while the rest were permanent.

Read the full report here.

Patch reporter Nick Garber contributed to this report.

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