Shoppers are scanning Manhattan’s brick-and-mortar stores again, in search of wardrobe upgrades for the return to offices and in-person gatherings. Madison Avenue is one retail hub getting left out of the rebound.
Foot traffic on the stretch of Madison from 57th to 72nd streets was at just 71% of 2019 levels the week of Aug. 8, according to estimates by Orbital Insight. That’s lagging behind Upper Fifth Avenue just a block away, and Soho, which is seeing more shoppers than before the pandemic.
Historically, all three districts have beckoned consumers with a taste for luxury, their designer boutiques and flagship stores attracting New Yorkers and global travelers alike. While nearly
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