Bronx Small Businesses See Retail Growth
By: Leon Castles
on Monday, November 26, 2012
The Black Friday sales have already provided lot of boost to most retailers all over the nation and that has affected Bronx as well. For the past few years, Bronx has been trying to work on the retail sector that can allow them to attract some of the tourists and visitors from New York to Bronx. Most of the small businesses in the city claim that they offer better products and services to the consumers at affordable rates and that has boosted the retail sector in the city. However, it has increased the retail sector by 26% in the last few months.
Many of the retailers in the region claim that Bronx has been trying to lift itself up from the kind of reputation that it has. Many of the visitors that do think of shopping in New York prefer to visit Bronx because they find the same products at cheaper rates which save them lot of money. The tourism rate of New York has been the most important factor for the retailers here because majority of the people that love to visit New York City often end up shopping in Bronx. The small business banks are also helping entrepreneurs with better loans and funds that can help them to get the right kind of finance that is required for business.