In connection with the increase in rents , many popular online shops reduce its presence in the United States. So, the closure of 3 facilities in Manhattan announced on 6 July the British chain Pret A Manger, working on the principle of grab-and-go, or «grab and run».
«After opening last year a record number of retail outlets in the United States, we realized that we will have to close three of them in new York due to unprofitability and rent increases,» — said the publication Commercial Observer , the representative of the company.
Recently they were forced to leave Manhattan Panera Bread and Maison Keyser. On the closure of 150 stores also announced the coffee chain Starbucks, and Chipotle plans to close 65 café.
According to experts, many networkers overestimated their strength, believing that will survive the competition in one of the most expensive areas of new York.
Meanwhile, according to real estate Agency CBRE, from 2010 to 2017 rents in Manhattan have increased by 50%. So cocky networks necessary to bring their plans into line with reality.
