With the holiday shopping season upon on, Center City District released its latest retail report showing a sustained process of recovery.
states Center City is on pace to have the second consecutive year of positive net openings.
"A lot of stores have been open, and a lot of people have had the opportunity even to get jobs- those who couldn't even get jobs before the pandemic," said Tiana Williams of Olney."I think that there is this widespread public perception that downtown retail is not doing well," said Prema Katari Gupta, a Vice President of Center City District.
The report states that more than 175 new retail, restaurants and service-oriented businesses opened since 2020, with at least 47 more coming soon, replacing some of the stores that have closed.
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