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Ark Restaurants Corp. (ARKR) Message Board

  • dtejd1997 dtejd1997 Apr 21, 2011 3:09 PM Flag

    10 Strongest retail markets

    Hey all:

    According to "Nation's Restaurant News" the 10 strongest retail markets for restaurants are:

    1. Washington, D.C.
    2. San Francisco
    3. New York City
    4. Boston
    5. San Diego
    6. San Jose/South Bay
    7. Baltimore
    8. Philadelphia
    9. Seattle
    10. Pittsburgh

    ARKR of course has locations in Washington D.C., NYC, and Boston.

    The report evaluates aspects of shopping center markets in more than 40 metropolitan areas, looking at vacancy rates, absorption, construction and rental rates. The authors also looked at macroeconomic trends, such as unemployment rates, housing starts and income growth, as well as overall retailer demand.

    “D.C. is off the charts,” Brown said, “and it’s spilling over to the whole Eastern seaboard.

    Maybe ARKR snatched up locations in NYC at almost the perfect time.

    Any thoughts?

 
ARKR
22.24-0.14(-0.63%)Sep 15 4:00 PMEDT

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