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The Times looks at the retail resurgence along Fifth Avenue in the 40s, where clothing stores like Guess and Urban Outfitters are replacing less sexy businesses like Circuit City and the Bank of New York. Since it's situated between Rockefeller Center (at 49th Street) and the Empire State Building (at 33rd), this stretch of Fifth seems like it should be a sales powerhouse thanks to all the tourists. But a real estate expert tells the paper that visitors to New York tend to skip the area because they don't want to walk the ten or fifteen blocks. The new stores are hoping that their fashion-y sheen will be enough to defeat tourist inertia, but they're also relying on local residents, office workers, and Grand Central Station commuters to make up sales.
· Chic, Along Fifth Ave., Moves Below 50th St. [New York Times}
· The Colossal New Guess Flagship Brings Us Back to the 90's [Racked NY]
· All Fifth Avenue coverage [Racked NY]