“To make its Megadim brand of ultrakosher confectionary or its Strauss Mehadrin dairy products requires special facilities, because milk from only Jewish sources can be used.ut it is profitable. The ultra-Orthodox market is between 8 percent and 10 percent of domestic sales for Strauss, he said, representing about $73 million a year.”NYtimes
B&H Photo-Video, a world famous camera store known for the traditional Hasidic dress worn by many of its employees, has agreed to pay $4.3 million (€3.04 million) to settle a discrimination case.The federal Equal Employment Opportunity Commission, which enforces laws prohibiting discrimination, alleges that B&H Photo and Electronics Corp. paid Hispanics working in its […]
Touting “kosher amenities” — including two-sink kitchens, balconies pre-fit for sukkahs, gyms with separate schedules for men and women — these new condominiums are being custom-built for Orthodox populations that are growing in both absolute numbers and wealth. In Flatbush-Midwood, construction is about to start on a new luxury condominium targeting Orthodox Jews. In Williamsburg, […]
New York… Israeli venture capitalists continue to eye the U.S. kosher market as a potential windfall. KosherToday has learned that a number of Israeli-based investors are looking at the U.S. kosher market as a “point of entry” into the lucrative U.S. food industry. Several have made adjustments to plans laid in […]
United Jewish Appeal Federation of New York launched a new $100,000 grant fund Wednesday aimed at helping women start new businesses or pay for vocational training.newyorkbusiness.com
American Express has signed up American Home Mortgage Corp. The AHMC deal is the first time a mortgage lender has agreed to accept monthly payments on a credit card, American Express said. In addition, the company said IndyMac Bancorp Inc. will sign up later this year. Card holders are required to pay a $395 sign-up […]
