Business

NYC awards $1.8M in grants to small businesses

Harlem Doggie Day Spa is more plan a place where people can drop their pups off for a haircut. The business has worked hard to be a part of the community, owner Brian Taylor says, and an initiative from the NYC Department of Small Business Services wants to make sure it and other local shops stay...

Tuesday, December 18, 2018 - 9:47am

Ikea opening first of new city center stores in Manhattan

New York City is getting a new Ikea, but you won’t be able to get your Swedish meatball fix in the food court before perusing a warehouse full of färlöv sofas. A different kind of Ikea is slated to open in Spring 2019 in Manhattan, becoming the first store in a new effort by the Swedish...

Monday, December 3, 2018 - 11:34am

Small Business Saturday bolsters NYC neighborhoods

After you recover from all the turkey, wine and family time on Thanksgiving, it’s time to kickstart your holiday shopping. If you’re looking to support your community as you find your scores, New York City shops are ready for you on Small Business Saturday and beyond. There’s no...

Wednesday, November 21, 2018 - 11:58am

It's OK that Amazon HQ2 won't be in Boston, experts say

The search for an Amazon HQ2 location is finally over, and though Boston was on the list of finalists, it didn’t win big. To some, though, that’s a good thing. “I feel just fine that we didn't get it,” said James Stockard, a Harvard lecturer on urban planning and an...

Tuesday, November 13, 2018 - 1:21pm

Nearing 6th anniversary of Sandy, NYC announces $345K given to small businesses affected by storm

Cuisine by Claudette had only been open for six months before Hurricane Sandy hit in on Oct. 29, 2012. Located right on Rockaway Park, the eatery wasn’t spared as the storm ravaged the Rockaways. It was forced to shut down so soon after opening, said John Efrati, Cuisine by Claudette general...

Wednesday, October 24, 2018 - 5:47am

Dormzi app brings gig economy to college campuses

College students tend to be busy, that’s no big surprise. But what if they could outsource some of their more mundane tasks, like laundry or tidying up their long-neglected dorm room, for a small price? That’s the idea behind Dormzi, a gig-economy app just for college campuses. Co-...

Thursday, August 23, 2018 - 1:26pm

Sears is closing more stores, see if your location is on the list

Sears is closing more locations around the country this fall.  Sears Holdings announced that it is closing 46 more Sears and Kmart locations across the country in November. Employees working at 13 Kmart stores and 33 Sears stores were notified about the Kmart and Sears closings taking place...

Thursday, August 23, 2018 - 1:16pm

DUMBO Freelancers Hub will provide resources for independent workers

New York City is home to a lot of freelancers — about 400,000. In fact, according to the NYC Department of Consumer Affairs, nearly two out of every five workers in the city are freelance. And though New Yorkers are known for their hustle, there’s a lot to handle as an independent...

Wednesday, August 22, 2018 - 3:56pm

Reebok debuts first cotton and corn shoe in new sustainability effort

Looking to lead a more environmentally-friendly life? You can take a step toward sustainability with a new cotton and corn shoe from Reebok. Reebok, which is headquartered in Boston, has officially launched the first product in its new Cotton and Corn program, the sneaker company’s...

Wednesday, August 15, 2018 - 2:34pm

Kobe Bryant BodyArmor receives investment from Coca-Cola

Business after basketball continues to flourish for Kobe Bryant. And this time, it’s due to a big assist from Coca-Cola. According to CNN Money, Coca-Cola is set to make a huge investment in the retired five-time NBA champion-backed sports drink, BodyArmor. The investment will make Coke the...

Tuesday, August 14, 2018 - 10:32pm

Massachusetts sales tax holiday 2018: Everything you need to know

Massachusetts sales tax isn’t among the highest in the country, but it’s also not the lowest. At 6.25 percent, it’s somewhere in the middle — but still, wouldn’t it be nice to have a tax free weekend? Well, a 2018 Massachusetts sales tax holiday has finally been...

Monday, August 6, 2018 - 9:10am

NYC to award $1.8M in grants to help small businesses adapt to neighborhood changes

New Yorkers know that neighborhoods here can change quickly. It can be hard to keep up, especially for those small businesses that are iconic to those communities. Now, the city’s Department of Small Business Services (SBS) is launching a new initiative to help those mom-and-pop shops not...

Thursday, June 21, 2018 - 5:05am

Sears and Kmart are closing locations nationwide, is your store on the list?

Sears is closing more than 60 store locations this year, as it continues to struggle in sales. Sears Holdings said it identified 100 unprofitable locations and has plans to permanently close 63 of its locations in the near future. According to CNN, the popular retail store had plans to close 72...

Thursday, May 31, 2018 - 6:04pm

NYC home to largest population of independent workers in US: Report

The way America’s workforce looks is changing, and New York City is already on the front lines. By 2020, experts predict that 40 percent of the United States workforce will be independent — meaning contract workers or those who are self-employed, rather than employed full time by a...

Wednesday, May 9, 2018 - 11:39am

93K small businesses benefited from NYC's Business Improvement Districts: Report

New York City has been making an effort to help small businesses — more than 93,000 of them, according to a new report. The city’s Department of Small Business Services released on Monday a report looking at the success of Business Improvement Districts, or BIDs, in boosting areas in...

Monday, April 16, 2018 - 5:03am

Jared Kushner's company forged tenant paperwork to boost property profits

The real estate company co-owned by presidential adviser Jared Kushner, Kushner Cos., falsified paperwork to push rent-regulated tenants out of apartment buildings so they could sell them at higher prices and boost profits, the Associated Press reported Sunday. New York City law protected hundreds...

Monday, March 19, 2018 - 4:14pm

Here are all the Toys R Us stores that could be closing soon

Toys R Us stores could be closing and that means the experience of browsing a toy store on a whim may soon come to an end.  As a result of issues with bankruptcy, Toys R Us has announced that it is preparing for liquidation, resulting in nearly 200 Toys R Us stores shutting down.  Toys...

Friday, March 9, 2018 - 3:41pm

Amazon is coming for you, Birchbox!

Amazon Prime Samples is giving companies like Birchbox a run for their money. Amazon’s latest offering allows Prime members to try out samples of products before they buy them. Samples are available both individually ($2 each) or in boxes (priced between $4.99 and $14.99). The best part?...

Thursday, March 1, 2018 - 12:02pm

These companies are ending their relationships with NRA

In the wake of the recent mass shooting at Stoneman Douglas High School in Parkland, Florida, survivors customers have been urging large corporations to end NRA membership benefits and discounts. Since the school shooting, major companies have been cutting their ties with the NRA after...

Tuesday, February 27, 2018 - 1:53pm

Attention M/WBEs: The city is more open for your business than ever before

With a new ad campaign and $40 million loan investment, New York City wants minority- and women-owned companies (M/WBE) to know it is more open for their business than ever before, and it’s going about that in two new ways. The first is through a $40 million private investment that will give...

Monday, February 12, 2018 - 5:06am