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Generation Y, people between the ages of 6 and 17, are idealistic, individualistic, socially aware, opinionated and anti-corporate. They are the largest employment pool since the baby boom generation and could fill the numerous unfilled positions in the restaurant industry. Several restaurant chains have environmental and community programs that Generation Y members show interest in., Ask Rachel Karon what she thought of her recent job at a bagel shop and her reply will be blunt: not much. 'I'm really into the environment,' says the Columbus, [...]

Andre Soltner has recently retired from his restaurant Lutece, where he served as head chef for 34 years. Soltner created Lutece in 1961 in new York, NY, and consistently maintained the highest standards and perfection in his dishes. Soltner will continue to teach younger chefs his craft, and will make appearances with his wife Simone., In the heart of the Big Apple, where restaurants come and go at a pace that would give other cities cardiac arrest, for 34 years, one thing remained constant. If [...]

The American restaurant industry which emerged in the early 1800s from the habit of dining out has grown steadily through the Industrial revolution and two world wars. Despite such new innovations as canned and frozen foods, chain restaurants and other developments devised to accomodate an expanding and mobile society, many old restaurant customs have returned. Independent coffee houses and bakeries and the increased use of vegetables are relics of the past that are popular today., In the deep of night more than 200 hundred years ago, a handful of colonists dressed as American Indians turned this country into a coffee-drinking nation. The Boston Tea Party [...]

Dining evolved during the 1900s. Before World War I, dining was mainly for the wealthy, but after the war, more people ate out. Prohibition was hard on the restaurant industry, and many restaurants closed. When the automobile was introduced, roadside dining became popular. The advent of the credit card made it easier for more people to eat out, and food processing brought different foods to all parts of the nation., If you were a businessman on the road in 1928, you might have stopped into Fraunces Tavern in New York City for a home-cooked meal. You could have started with [...]

The article discusses Merrill Lynch & Co.'s involvement with jeweler Fred Leighton. In 2006 Merrill provided financing for Ralph Esmerian's acquisition of Leighton. As events unfolded Merrill came to distrust Esmerian, while the latter felt Merrill was interested mainly in generating fees. Merrill is suing to recover its money.

The article discusses executive changes which have occurred at Wal-Mart Stores Inc. Former chief executive officer (CEO) Lee Scott announced his retirement from the company in November 2008. Mike Duke replaced Scott as the company's CEO in February 2009. The author states that Duke is expected to follow the same business strategies as Scott.

Regional restaurant chains in the Northeast and Mid-Atlantic regions are being forced to look to their market share as larger, national chains enter the market in spite of higher real estate and labor costs. The smaller chains are adopting various strategies, including branching out themselves to other markets, refocusing on their original niche market and diversifying their products and services. Establishing relationships with customers is also proving an important marketing tool for these smaller companies., When Phil Romano, who usually operates restaurants in the Southeast, built a restaurant for his sister, Rosalie, in Skaneateles, N.Y., he ran into a problem that has dissuaded numerous national [...]

This article discusses the efforts of clothing company Liz Claiborne chief executive Bill McComb to balance the financial needs of the brand with the investments necessary to secure its position in the fashion retail trade. Negotiations between McComb and Macy's chief executive Terry Lundgren regarding the marketing of Claiborne brands are described. The failure of a partnership between designer Narciso Rodriguez and Liz Claiborne is also noted.

The article is about test-preparation and education company Kaplan Inc. Kaplan is a division of the Washington Post Co. The Washington Post is best known as a newspaper, but chief executive officer Don Graham says that Kaplan makes up about half of the company's business. Jonathan Grayer, who heads Kaplan's education unit, built the company up to $2 billion in sales in 2007.