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The latest about 10017 from Crain's New York Small Business

Despite scandal, Wal-Mart pushes on in NYC

Wal-Mart Stores Inc. will likely forge ahead with plans for a New York City store despite heavy fallout from bribery allegations at the retail giant's Mexican division.The Bentonville, Ark.-based company is already facing a plummet in the value of its ... »

Bakery chain has a sweet plan to expand sales

Known for its signature plump and brightly colored cupcakes, Crumbs Bake Shop is growing its sweet spot to include candy.Three of its stores in Manhattan are testing customers' appetites for jelly beans, Gummy Worms and chocolate, among other treats, a... »

Letters to the Editor: April 2, 2012

Re “It's rare, juicy—and $50” (March 12), about the rising cost of steak: I would like to provide more context for my quotes.Restaurants face two options: Look for lower-quality meats that cost less, or raise prices. I said that a Peter Luger Steakhous... »

Capital Grille serves up angry protesters

and Lisa Fickenscher - Diners at the Capital Grille on East 42nd Street near Grand Central Terminal will be greeted with noise makers and angry protestors Thursday night when they show up for their dinner reservations. A group of the restaurant's emplo... »

Peanut price increases aren't stopping sales

and Lisa Fickenscher - Peanut farmers are in town this week to spread the word that their crop is enormously nutritious and boosts energy levels—and that consumers shouldn't be scared off by the product's higher prices these days. Supermarket prices fo... »

City's biggest real estate loans getting bigger

Lenders are loosening up a bit. The Real Capital Analytics list in this week's issue of Crain's, featuring the 35 largest New York City real estate financings of the 12 months ending in February, shows lenders are ponying up more loans for new sales, a... »

It's rare, juicy—and $50

and Lisa Fickenscher - Several weeks ago, the top brass at the Palm Restaurant Group called an urgent meeting. Seven executives dialed into a conference call to decide one pressing question: whether to raise prices to $50 for their best cuts—a New York... »

Restaurant serves up turnaround

Struggling restaurants often succumb to the inevitable—especially if they're independent. But little Gente, near Grand Central Terminal, is serving up a turnaround story. The 12-year-old Italian eatery, once popular with the suspender set at Bear Stear... »

Camp Couture set for summer

Adrianne Pasquarelli - Young would-be fashion designers should start packing up the sewing supplies. The first Camp Fashion Design will be launching this summer at the New York Helmsley Hotel. Created for girls ages 12 to 18, the day camp will run for ... »

Spreading the Apple sauce

Lisa Fickenscher - The Grand Central Terminal Apple store may be paying less rent than other tenants, but its neighbors aren't complaining.Sales at Michael Jordan's The Steakhouse N.Y.C. have increased 7% over the past seven weeks, said co-owner Peter ... »

The Week Ahead: Events for Jan. 16-22

Suzanne Panara - Tuesday, Jan. 17 The Financial Women's Association presents “Blocking and Tackling: Speak the Language of Football.” The seminar is designed to explore the relevance and pervasiveness of sports-related themes in the workplace. The semi... »

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Homegrown stores tread gingerly as foreign retailers expand

After successfully launching an online shopping site for children's clothes, Jennifer Cattaui plunged into bricks-and-mortar retailing in 2009 with a Tribeca store named Babesta Threads. Surprised again by demand from the mini fashionistas who shop the... »

Brooklyn blooms again, but not for all

When the roar of 18,000 Brooklyn Nets fans rocks the Barclays Center to life this fall, some will hear it as the clearest announcement yet that Brooklyn has arrived. As Borough President Marty Markowitz put it, the sparkling new arena near downtown Bro... »

ID-theft ring recruited waiters to steal info

Associated Press - An ambitious and organized identity-theft ring recruited waiters at steakhouses and other high-end restaurants to steal diners' credit-card information, then used it for luxury shopping sprees, authorities said Friday.Some 28 people ... »

Tequila brand gets drunk

Earlier this year, Tequila Avión's biggest problem was overcoming a false impression: that it was a fake brand. “People thought it was made-for-TV tequila,” said company co-founder Ken Austin. That's because it was part of the story line in Entourage's... »

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