Chimney Cake is now open is Long Island City
Chimney Cake opens in Long Island City, Queens, serving Hungarian-Transylvanian pastries.
The owner, Anna Kozma, said the bakeshop will specialize in an open-flame pastry called kurtoskalacs, with thin sugar-crusted rings with toppings ranging from walnuts to ginger and coconut
Puddin’ coming soon to the East Village
Pudding shop to open in the East Village next to Jane’s Sweet Buns.
Puddin’, the newest East Village dessert shop, expected to open in November 2011 at 102 St. Marks Place
2nd Avenue Deli will be expanding their new space on the Upper East Side on 1st Ave and 75th St.
The space, which currently hosts 75 seats, will be expanded to satisfy the growing neighborhood demand
Japan gets into fromage.
With gained momentum from All Japan Natural Cheese Contest, a biennial which promotes locally produced cheese and fromagers, as well as other events, the Japanese culture is starting to appreciate the good ol’ cheese
Global rice prices are going up more than expected after recent flooding in Thailand which has damaged 20% of the main rice crop.
Vietnam and India may see an increase of rice exports as they also raise prices to match Thailand– which is now at an all-time 3-year high
Fancois Payard Bakery finally opens second outpost
Openings: Francois Payard Bakery opens in Battery Park City
The second location to the well-known patisserie is located at 210 Murray Street (at West Street)
U.S. almond exports are on the rise
United States Department of Agriculture shows that foreign exports of almonds to Europe are up by 10% for the 2011-12 year.
While walnut exports didn’t see as much growth due to lack of U.S. supplies and hazelnuts remaining stagnant, almond production rate has boosted up 16% higher than last year, setting a record of 1.0 million metric tons produced
Breakfast at Untitled at The Whitney Museum
Event: Four & Twenty Blackbirds Pie Breakfast at Untitled
A on-site pie demonstration and family-style breakfast for all attendees at Untitled at The Whitney Museum
https://paigepapers.com/2011/10/28/twentyblackbirdsanduntitled/
H&H Bagels loses its factory space on West 46th Street after eviction received approval last week.
Things have taken a turn for the worse as H&H Bagels, the iconic New York bagel company, might be closed for good
https://paigepapers.com/2011/10/26/handhbagelsclosesfactory/
Enterprise Insight:
FINANCIAL ANALYSIS Part II: RECIPE COSTING
To run a profitable enterprise, all businesses must control their prime costs. Experience and expertise tells us, all food & beverage and labor costs should be 65% of sales or less in order to achieve profitability. Today, we are going to share with you a few tips on how to start your business with 30% (product) food & beverage costs or less.
First, when embarking on a new enterprise, all businesses must understand how much one portion of each product you sell costs; recipe costing. This includes the raw ingredients to produce that product. Once we get a total recipe cost for each product, the next step is to price your products. Let us say you want to achieve 30% food cost for your business and you are producing and selling sandwiches. After you have done your calculation and have determined one sandwich costs $2.50, there is a simple formula to determine your selling price. $ Food Cost / Food Cost % = $ Selling Price. In our example, to achieve a 30% food cost, we would have to sell our sandwich for $8.33 = ($2.50 / 30% ).
[Read more…]
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