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Dollar Tree is Putting Down Roots All Over New York City, Report Says

By Nicole Levy | December 9, 2016 2:25pm | Updated on December 9, 2016 2:48pm
 The discount variety store Dollar Tree now has 73 locations in New York City, up from 10 locations in 2015.
The discount variety store Dollar Tree now has 73 locations in New York City, up from 10 locations in 2015.
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Flickr/Mike Mozart

Dollar Trees are sprouting up all over New York City.

The discount variety store with headquarters in Chesapeake, Virginia, has opened 63 new stores across the five boroughs in the past year, more than any other chain, according to the Center for an Urban Future's ninth annual survey of chain retailers in the Big Apple.  

Dunkin Donuts may still be leading the local chain store charge, with 596 stores in the five boroughs, but there are now 73 Dollar Tree locations across New York: 26 in Brooklyn, 19 in Queens, 18 in The Bronx, 6 in Manhattan and 4 on Staten Island. 

Dollar Tree became the largest dollar store chain in the U.S. in 2015, after acquiring rival Family Dollar.

Family Dollar opened 12 new locations in New York City this year, making for a total of 79 stores, according to the CUF report.

The group's analysis found that, overall, national chain retailers have expanded their presence citywide for the eighth year in a row, even as the number of chain locations in Manhattan dipped about 1 percent over the past year, from 2,739 locations in 2015 to 2,715 this year. (The borough still maintains it lead over other boroughs in chain-store concentration, with runner-up Queens home to only 1,670 locations.) 

The city saw a 1.2 percent increase in the number of store locations over last year, compared to the 1 percent uptick from 2014 to 2015 and the 2.5 percent jump from 2013 to 2014

Nine new retailers — including Sweetgreen and Chick-Fil-A — entered the New York City market in 2016, while 11 others like Naturalizer and Benetton closed all their local stores. 

Other highlights from this year's survey include:

► The five most common chain stores citywide are Dunkin' Donuts (596 stores), Subway (433), Metro PCS (326), Starbucks (317) and Duane Reade/Walgreens (303).

► Among the five boroughs, The Bronx saw the largest percentage increase in chain store locations, 4.2 percent from 857 locations in 2015 to 893 locations in 2016. Staten Island saw a 3.7 percent increase (421 locations, up from 406 in 2015), Brooklyn a 2.3 percent increase (1,544 locations, up from 1,509), and Queens a 1.6 percent increase (1,670 locations, up from 1,643). 

► The neighborhoods with the most chains in each borough are:

• Manhattan — Garment District/Koreatown, with 169 chain store location
• Brooklyn — Brooklyn Heights, 139 chains
• Queens — Corona/Elmhurst, 129 chains
• The Bronx — Baychester/Co-op City, 86 chains
• Staten Island — New Springville, 183 chains

► Three boroughs have monopolies on particular chains: Manhattan has the only Pret A Manger, Papyrus and Chop't locations in the city; Queens has the only Gold’s Gym, Bare Escentuals, Puma, and Easy Spirit stores; and Staten Island has the only Stride Rite and Build-A-Bear Workshop stores.