Marketplace®

Daily business news and economic stories

Coffee Bean speeds back to New York as retail real estate slows

New York or LA? Headlines in recent years have been all about people leaving the Big Apple in droves, heading for SoCal. But sometimes the flow does ebb. Witness the announcement today from LA-based Coffee Bean and Tea Leaf. It’s planning to open 100 new locations in New York City over the next decade. What’s […]

New York or LA? Headlines in recent years have been all about people leaving the Big Apple in droves, heading for SoCal. But sometimes the flow does ebb. Witness the announcement today from LA-based Coffee Bean and Tea Leaf. It’s planning to open 100 new locations in New York City over the next decade. What’s behind the move?

Click the audio player above to hear the full story. 

Related Topics