Tell us about your experiences with Marketplace. Enter To Win

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

Jed Kim Jun 26, 2018
HTML EMBED:
COPY

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

Jed Kim Jun 26, 2018
HTML EMBED:
COPY

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. 

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.