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New York’s Oldest Candy Shop Going Online

New York’s Oldest Candy Shop Going Online

All of New York City’s businesses are finding creative ways to navigate the novel virus that has brought the world to a standstill.

Economy Candy, in Manhattan’s Lower East Side, is the oldest candy shop in New York, with 2,000+ types of candy from around the globe featured in the wall-to-wall displays.

In 1937, during the Great Depression, Moishe (Morris) Cohen’s candy cart- within his hat/shoe repair shop- provided treats to those struggling to find or maintain work. Now run by Moishe’s grandson Mitchell, who took over the business from his father Jerry, Economy Candy has been forced to close the retail store and turn entirely to online business.

candy is a great way to cheer up a loved one

Mitchell, like his grandfather, wants Economy Candy to bring cheer to those in need. He and his wife are doing all they can to keep the business going with their new ‘CandyCare Packs.’ $35.00 can get you, or someone you love, a Basic Pack of candy/chocolate, a Health Nut Pack of dried fruits and nuts, or a Combo Pack with a little bit of everything. Recess Packs, filled with toys and treats, are a good way to bring some schooltime fun to the current homeschooling realities. Easter and Passover Packs are also available. The Cohen’s are also working to establish a fund for the store employees who have been out of work during the crisis.

NY Small Business Wins Highest Honor

Vidler’s, one of New York’s most iconic family-owned businesses, has been awarded U.S. Small Business Administration Family-Owned Small Business of the Year. Open for more than 80 years, Vilder’s is the largest variety store in North America. Vilder’s is a local institution that has maintained its ‘mom-and-pop’ feel for the duration. The Vilder family legend… Continue Reading

New York Couple Buys New York Streets

Corey and Tamara Galloway of Brooklyn always dreamt of owning a professional New York sports team. In February 2020, during National Black History Month, the couple made that dream a reality. And they also made history when they became the first African American couple to own a NY team, National Arena League’s New York Streets. Last… Continue Reading

Architectural Design Tools

Since there are so many design tools out there – and increasingly more software programs for architects – navigating which one works best for your needs can be a challenge. Here, we bring some of retired architect Moshe Victor Keinig’s top picks for 2020. For those who are just looking for a booster as it… Continue Reading

Tiffany & Co Gets a New Luxury Backing

The French luxury group LVMH has bought the Tiffany & Co jewelry company for $16.2 billion. LVMH is the world’s biggest luxury group and has 75 different brands, including Louis Vuitton, Christian Dior and Bulgari. For LVMH, Tiffany — which faced financial and public image struggles recently — is a sensible transformational project. Tiffany will… Continue Reading

Global Business City of the Year: Scottsdale, Arizona

The City of Scottsdale was recognized as the Global Business City of the Year at the 2019 Global Chamber “Grow Globally Fair.” Now in its 12th year, The Fair was founded to acknowledge and applaud businesses that are leading, exceling, and pushing the boundaries in international business. The Global Chamber is networked in 195 countries and more… Continue Reading

Best Countries for Business 2019

Which countries are best for conducting business in 2019?  For the last 13 years, Forbes has been presenting  its annual recommended list on the regions most amiable to capital investment.  For the second consecutive year the UK is was ranked Number 1. According to Mark Zandi, Chief Economist of Moody: “The U.K. has a globalized… Continue Reading

The Best Bank?

This year’s number 1 title of World’s Best Banks ranked by Global Finance was DBS Bank.  It was a well deserved recognition given that it is “the first institution from either Singapore or Asia as a whole to receive the top honor,” using technology to make banking much more efficient in the region. When it… Continue Reading

Asia’s Best Under A Billion List

Each year Forbes creates a Best Under a Billion list for the top 200 Asian companies. The list “highlights 200 Asia-Pacific public companies with less than $1 billion in revenue and consistent top- and bottom-line growth.” There was an average growth of 62 percent this year in annual sales.  That generated a combined $45 billion… Continue Reading