Growth of retail stores in New York slow, but still increasing

While the sluggish economy is slowing the growth of retail chains in New York City, their overall numbers continue to increase, according to a study released Tuesday by the Center for an Urban Future.

The number of national retail stories in the city grew by 1.6% over the past year, a dip from the 4% growth rate between 2009 and 2010, the report shows.