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.
Chobani Founder, President and CEO Hamdi Ulukaya was honored at the Ernst & Young Entrepreneur Of The Year® Awards for the New York area as the winner in the Retail and Consumer Products category. Ulukaya was selected as a leading entrepreneur by an independent judging panel made up of previous winners of the award, leadingCEOs, private capital investors and other regional business leaders. The winners were revealed at a gala honoring all finalistson June 19, 2012 at the Marriott Marquis in New York, NY.
By SARAH E. NEEDLEMAN - (WSJ) Hamdi Ulukaya was managing his small cheese company in Johnstown, N.Y., in 2005 when he stumbled upon an advertisement that would change everything. For sale: yogurt-making plant in Columbus, N.Y. A native of Turkey, Mr. Ulukaya decided the next day that he wanted to buy the former Kraft Foods Inc. facility. Five months later, he made that happen using loans of less than $1 million, including one backed by the Small Business Administration.
