Retail Opportunities

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