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Yesterday, we reported that that an organization called the Initiative for a Competitive Inner City has done a study suggesting that “because so many people live in them, inner city neighborhoods in the U.S. have eight times more spending power than the neighborhoods that surround them. What's more, the study found that 38 percent of inner-city households aren't low-income at all — but moderate to middle income. That means they earn between $20,000 to $50,000 a year.”

While we noted yesterday that companies such as Wal-Mart and Home Depot are making a real investment in urban areas, seeing them as places where they can attract a new customer base, today we also can report that Pathmark Stores is opening its second store in the Harlem section of Manhattan – on 145th Street and Bradhurst Avenue.

The 42,000 square foot unit is set to open on January 21, and is the second store the company has opened in that section of the city in five years.

In a prepared statement, Pathmark CEO Eileen Scott said, "Pathmark is delighted to open another store in Harlem, providing a much needed service to the area's residents.”
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