Now comes word that the chain selling accessories, cosmetics and novelties will close all but two outposts.
Per the Post:
Ricky’s has been shrinking at a heart-stopping pace of late. It’s down to just four locations from 13 in the fall. At its peak just four years ago, Ricky’s operated 29 locations, all in the New York area except for an outpost in Miami.
The last two storefronts are at 830 Broadway near Union Square and 590 Broadway.
If Ricky’s meets a sticky end, retail experts will partly blame soaring Manhattan rents and stiffening competition with Amazon, as well as an increasingly crowded market when it comes to Ricky’s bread and butter: cosmetics, skin care and hair products.
The company started as Ricky Love in 1989.
Previously on EV Grieve:
Ricky's is closing on 3rd Avenue
The Ricky's on 1st Avenue has apparently closed