Nationally, How Small Retailers Were Impacted by the Great Recession

By

N. David Milder

Introduction

In several of my recent articles I have noted, with frank surprise and delight, that small retailers in the small and medium-sized downtowns I have visited appeared to be doing relatively well. Their numbers also seemed to have rebounded, though to a degree that I could not determine. Given that my field visits could not cover a representative sample of small retailers, in this article I will look at data gathered in …

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The Bronx, NY: Low-Income, High Immigrant, Minority-Majority Urban Areas May Fare Relatively Well Under Retail’s New Normal

By N. David Milder

With Dart Westphal

Introduction.

Why the Emphasis on Retail Chains. In previous articles in this series, I have demonstrated how small independent merchants are essential to the success of many small and medium-sized downtowns. They are even the retailers that have meaningful growth opportunities in these communities. However, in my assignments in urban lower-income, ethnic commercial districts, local stakeholders and trade area residents equated retail revitalization with the attraction of stronger, higher quality retail …

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