BUSINESS
December 10, 2008 | Associated Press
CHICAGO - The rotten economy is eating into sales of organic foods. Sales figures show that shoppers are having second thoughts about the value of often costly organic foods, particularly fruits, vegetables, and meats. Overall sales of organic food are still rising, though the industry's robust growth of recent decades is tapering off, analysts said. Cassie Green, owner of Green Grocer Chicago, says her sales have been flat recently, following a period of steady growth when the store opened in January.
BUSINESS
July 1, 2007 | Associated Press
QUINCY -- Tara Withington, with her two young sons in tow, combs the aisles of Hannaford Bros. Co. supermarket for what she deems healthy enough to feed her family. Besides reading ingredients and studying her fruit for bruises, Withington says she needs a guarantee the organic foods she buys are kept far, far away from the store's conventional products. "I need to know it's natural and I'm not giving them chemicals," said Withington, 33, of Milton. "I'm trying to keep them healthy, and this reassures me that they are not coming into contact with anything I don't want them to. "...
TRAVEL
August 9, 2009 | Rave, Necee Regis, Globe Correspondent
BROOKLYN, N.Y. - The neighborhood in New York known as DUMBO (Down Under the Manhattan Bridge Overpass) is dense with warehouses and industrial buildings converted into artist lofts, luxury condos, upscale boutiques, furniture and accessory stores, funky bars, and mix-priced restaurants. On a recent evening we discovered Superfine, an affordable and lively bar and restaurant located directly below Brooklyn’s entrance ramp to the bridge. The interior is industrial crossed with hipster-chic, with exposed brick walls, a sunken bar illuminated by dangling strands...
BUSINESS
November 3, 2011
The New Hampshire Community Loan Fund has received a $231,000 grant to help create jobs. The grant is from the Create Jobs for USA Fund, which is a collaboration between Starbucks and the Opportunity Finance Network, a group of lenders. The Create Jobs campaign has helped small businesses in the past like Rustic Crust in Pittsfield. Owner Brad Sterl needed financing to expand his business but was turned down by traditional lenders. A loan helped Sterl get his organic pizza products into more stores and create nearly 20 new jobs.
BUSINESS
March 29, 2012 | By Associated Press
NEW YORK - Investors ate up shares of pasta maker Annie's Inc., which on Wednesday had the biggest opening day gain for an IPO this year. It's the latest sign of the popularity of natural and organic foods. The shares soared 89 percent to close at $35.92. Best known for its macaroni and cheese with pasta shaped like rabbits, Annie's makes about 125 organic and natural food products. Its focus is catering to "gatekeeper moms," who are willing to spend 25 to 30 percent more for a healthier alternative to staples.
BUSINESS
October 9, 2011 | By Jenn Abelson, Globe Staff
PITTSFORD, N.Y. - Five minutes into a tour of his flagship grocery store, Danny Wegman has already wolfed down a berry tart, cherry walnut sourdough bread topped with havarti cheese, white frosted cake, and cauliflower curry. Wegman, whose namesake supermarket company has won a pile of customer service and best-workplace honors, is known to have a weakness for the product samples his stores feature. His appetite for competition is similarly voracious. The New York chain, with 78 stores in five states, will open its first market next Sunday in Massachusetts, a food...