Latest news with #Fidi
Eater
2 days ago
- Business
- Eater
The Grocery Store That's Listening to Customers and Lowering Prices
is the lead editor of the Northeast region with more than 20 years of experience as a reporter, critic, editor, and cookbook author. Jubilee, a local New York grocery store chain, most known for its location in Greenpoint, has taken a brave and bold step by… listening to its customers. Young Kim's shop already had a loyal following that gained momentum over a year ago due to its wildly inexpensive (and actually good) $2.75 burger; later, Kim added equally affordable deals on rotisserie chicken and bibimbap buffet, particularly in its Fidi outpost. But some complained on channels like Reddit that, while the prepared foods deals couldn't be beat, the groceries — no matter how vast the selection (including New York-based brands otherwise hard to find) — were too high-priced. This week, Kim is making amends and posted to Instagram saying, 'I'm sorry for the shitty high prices and you were right. I thought I was putting the right mark up but if the majority of the community is saying it's too expensive, then it's too expensive, end of story.' The timing is spot-on: As consumers brace for another round of price hikes at all grocery stores – in part because of President Trump's whiplash tariffs – people are anxious. So far, Young has lowered some prices around his shop, but he has about '20,000 items' more. It's a move that caught the attention of the New York Times yesterday. 'Jubilee's prices tallied to $30 more expensive than a nearby chain store,' Kim told the publication. 'That's a number that you can't really ignore.' Will Kim be able to stay in business as he drops prices to match bigger stores? 'I don't know if he fully understands the consequences,' videographer Rob Martinez – who also sat down with Kim – told author Pete Wells, 'I assume he does.' Asian market chain 99 Ranch will debut in Flushing at 37-11 Main Street, between 37th and 38th avenues, on July 25. To celebrate the opening, the shop will have specials all weekend, as well as a lion dance and a ribbon-cutting ceremony. A smart rebrand After opening in February, Golden HOF and NY Kimchi — the combination, bi-level Korean restaurants near Rockefeller Center (16 W. 48th Street, near Fifth Avenue)— is simplifying. Owner Sam Yoo is taking two separate menus and folding items from both spots into a singular brand, calling the restaurant Golden Hof Korean Bar & Grill. The streamline will be easier for guests to understand, says Yoo, who also owns downtown's Golden Diner. Moving forward, it will be one menu on both floors – aside from the Korean barbecue, which will be in the grill room on the lower level. Eater NY All your essential food and restaurant intel delivered to you Email (required) Sign Up By submitting your email, you agree to our Terms and Privacy Notice . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Eater
03-07-2025
- Entertainment
- Eater
The NYC Restaurant Openings You Should Know About This July
This is Eater's guide to all the new restaurants, bars, and cafes that have opened this week. Throughout July, we'll update the list weekly. When we've been to a place, we will then include an abbreviated number of openings on our heatmap to let you know the ones we like. If there's an opening in your neighborhood that we've missed, let us know at ny@ . Bed‑Stuy: Dolores has opened – a Mexico City-inspired cocktail bar and cantina from Emir Dupeyron and his wife, Cressida Greening, who are behind nearby Winona's. Drinks come from business partner Leanne Favre, who was at Leyenda. 397 Tompkins Avenue at Monroe Street Brooklyn Heights: Fini Patio Bar has opened, an Italian-style patio pizzeria and bar from Sean Feeney, a co-owner of pasta spot Lilia with Missy Robbins. 159 Bridge Park Drive, at Pier 5 East Village: Monkey Sushi has opened, a Japanese sushi spot from Toronto, and the second one in Manhattan. 120 First Avenue, at Seventh Street Elmont: Hundredfold has opened, a French‑American brasserie by Los Angeles chef Timothy Hollingsworth, also behind Chain. 2501 Hempstead Turnpike near Clearfield Avenue Fidi: Fogo de Chão has opened, which is the newest location of the Brazilian steakhouse chain. 40 Courtlandt Way, Tower 3 at the World Trade Center Fidi: The Paris Café has reopened, a historic French-style tavern and bar, a collaboration between Legeard Studio and Opus Hospitality, of which this is its first project. 119 South Street at Beekman Street Greenpoint: Van Leeuwen's Flavor Lab has opened this new location that will also rollout test flavors. 136 Franklin Street, at Greenpoint Avenue Hell's Kitchen: Samsaen has opened from chef Dhanapol 'Oak' Marprasert, a Thai spot that channels Bangkok, named for a district in that city. 480 Ninth Avenue, between 36th and 37th streets Tribeca: Jason and Yvonne Metz behind ramen sushi bar Zutto have opened a casual sit-down spot Wok in Duane, a pan-Asian noodle and wok station. 181 Duane, at Greenwich Street Upper West Side: Tacos Cano has opened, a casual Mexican taco counter with birria and items like 'baby burritos.' West Side Rag reports that the former restaurant in the space for 26 years, Taqueria y Fonda, sold the business to Alexis Cano and his father, Elio. Both families are originally from Guerrero, Mexico, 968 Amsterdam, between West 107 and 108 streets Upper West Side: The U Bar and Grill has opened from Maria Figueroa, who also runs Inwood Bar and Grill in Upper Manhattan. Look for a menu of burgers, sandwiches, salads, pasta, and brunch. 1207 Amsterdam Avenue, between West 119 and 120th streets Upper West Side: West Side Rag talked to co-owner Fay Karoon of Thai coffee shop Typhoon Café, which has opened in the neighborhood. For now, it's drinks-focused. Karoon owns another cafe in Thailand and moved to New York six months ago, but previously lived in Boston and Seattle. 947 Columbus Avenue, between West 106 and 107 streets Williamsburg: Rose Marie has opened, a casual eclectic bar and restaurant from the Tex-Mex Yellow Rose team. 524 Lorimer Street at Frost Street See More:
Al-Ahram Weekly
23-05-2025
- Business
- Al-Ahram Weekly
Syria and Chinese company sign 20-year memorandum to invest in free zones - Economy
Syria said Thursday it had signed a memorandum of understanding with a Chinese company to invest in free zones for 20 years. The General Authority for Land and Maritime Ports said on X that it had signed a "strategic agreement" with the Chinese company Fidi. The deal gives Fidi full operation rights over the Hessia free zone in the central province of Homs where an industrial zone would be developed on 850,000 square metres (210 acres) of land. It also grants Fidi rights to invest in 300,000 square metres of the Adra free zone on Damascus' outskirts, where the focus would be on commercial and service products for the local and regional markets. Syria has numerous free zones offering foreign investors benefits including full tax exemptions, the freedom to hire local or foreign labour and unrestricted transfer of foreign capital. The country's new Islamist rulers hope the imminent lifting of US and European sanctions will kickstart an economic recovery, after 14 years of devastating war. China was a major backer of former president Bashar al-Assad alongside Russia and Iran before his overthrow in December. Along with Russia, it repeatedly used its UN Security Council veto to support the Assad government and block Syria-related resolutions during the conflict. Follow us on: Facebook Instagram Whatsapp Short link:
Al Arabiya
23-05-2025
- Business
- Al Arabiya
Syria and Chinese company sign memorandum on investment
Syria said Thursday it had signed a memorandum of understanding with a Chinese company to invest in free zones for 20 years. The General Authority for Land and Maritime Ports said on X that it had signed a 'strategic agreement' with the Chinese company Fidi. The deal gives Fidi full operation rights over the Hessia free zone in the central province of Homs where an industrial zone would be developed on 850,000 square metres (210 acres) of land. It also grants Fidi rights to invest in 300,000 square metres of the Adra free zone on Damascus' outskirts, where the focus would be on commercial and service products for the local and regional markets. Syria has numerous free zones offering foreign investors benefits including full tax exemptions, the freedom to hire local or foreign labor and unrestricted transfer of foreign capital. The country's new rulers hope the imminent lifting of US and European sanctions will kickstart an economic recovery, after 14 years of devastating war. China was a major backer of former president Bashar al-Assad alongside Russia and Iran before his overthrow in December. Along with Russia, it repeatedly used its UN Security Council veto to support the Assad government and block Syria-related resolutions during the conflict.
