Brooklyn presents a golden opportunity to retailers – a massive consumer market is underserved:
- Brooklyn makes only half of Nassau's $14 billion retail sales, for the same $31 billion of disposable income
- Therefore, Brooklyn offers a $7 billion opportunity for retailers
- Brooklyn also offers a dense concentration of consumers: less than 150,000 people live within three miles of the Sunrise Mall in Nassau County, while 950,000 people live within three miles of Atlantic Center in Downtown Brooklyn
- There currently exists $1.4 billion in untapped retail sales potential for Downtown Brooklyn
- Area residents, workers and students have approximately $6.2 billion in total retail purchasing power
- Retail locations such as Kings Plaza and Atlantic Center generate sales per square foot that are 25 percent to 100 percent greater than other sales in the area
- Brooklyn’s 21 business improvement districts provide small to mid-size businesses with sanitation, security, façade improvements, and lighting
- Major retailers in Brooklyn include:
- Aéropostale
- BJ's Wholesale Club
- Banana Republic
- Best Buy
- Century 21
- Costco
- Forever 21
- Gap
- Home Depot
- IKEA
- Jennifer Convertibles
- Lowe's Home Improvement
- Macy’s
- Marshall’s
- Office Max
- Old Navy
- Raymour & Flanigan
- Rite Aid
- Sears
- The Sports Authority
- Target
- Trader Joe's
- Toys R Us