H&M walked onto the scene here in Spring of 2000 with a store at Fifth Avenue and 51st Street and the rest is history. They provide cost-effective, fashion-conscious clothes that the public is eating up. The store on Fifth is said to bring in $5,000 psf in profits, which isn't too shabby considering they have 36,000 sf. All of this success led this Euro-invader to expand to Herald Square and 34th Street and now they're primed to take the Bradlees location as well.

This retailer's expansion isn't the only success story coming out of Bradlees' fallout. "The fact that H&M is going to 14th Street is a signal of a very positive change," believes Consolo. "There hasn't been an important fashion apparel store that has come to that location in a decade and this move will really change the whole complexion of that street."

Also, in reference to the Bradlees on Staten Island, Consolo says Target is on tap to grab that space. As retail insiders know well, Target has been on the prowl to make their move into the scene here for some time now. This recent closing gives them a prime location in the place everyone wants to be, the Big Apple.