Business Owners Tally the Storm Damage and Ponder Its Lessons
(By Suzanne Sataline, New York Times) Few small-business owners were prepared for the wrath of Hurricane Sandy. Wednesday’s snowy northeaster knocked out power to homes in New York and New Jersey and interrupted train service on Long Island, setting back the recovery effort in a region still reeling from Hurricane Sandy. The storm and its tidal surge ravaged stores and restaurants, soaked inventory and stalled manufacturing throughout the New York region last week.
- Published in Businessman
By Carl Glassman - Tribecatrib.com - Not so long ago, Adem Arici was on top of the gourmet grocery world in Lower Manhattan. The co-founder and former co-owner of the chain of Amish and Zaytuna Markets, with as many as four Downtown locations, Arici was hailed as a Financial District pioneer when he opened his Amish Market on Cedar Street in 1999. And he became a sympathetic symbol of post-Sept. 11 business distress after his store was ruined in the attacks. Today, with all but two of his stores closed or sold and his Tribeca market at 53 Park Place in bankruptcy, Arici’s world is the Westchester County Jail, where he has been held without bail for seven months.
Muhtar Kent, the chairman and CEO of the Coca-Cola Co., says it's unfair to blame soda manufacturers for the alarming epidemic of obesity and diabetes, but says the company is working on a healthy-lifestyle program that could be rolled out globally within the next three years.
