Aid is on the way for theatres, and independent movie theaters, and other cultural institutions that can demonstrate a revenue loss of 25 percent to address the economic effects of the COVID-19 pandemic.
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Food & Hospitality
NJBIZ Conversations: Paul Chibe
The CEO of confectioner Ferrero North America talks about how the company and the industry managed during the pandemic, what he expects from the big candy-giving holidays coming up this spring and what his priorities are in his new national role.
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Bookend crises
New Jersey Restaurant and Hospitality Association President Marilou Halvorsen is departing the organization after eight and a half years for a job in Washington D.C. as vice president of state relations and government affairs with the American Hotel & Lodging Association.
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World Insurance Associates announces leadership expansion
The Tinton Falls-based insurance brokerage appointed seven new team members to various executive roles as a further example of the firm attempting to deliver on its proposition of bringing a quality product portfolio combined with an outstanding experience to its partners and clients.
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Restaurant co-owned by celebrity doctor opens in Hackensack
True Food Kitchen opened its inaugural New Jersey outpost March 17 at The Shops at Riverside. Co-founder Dr. Andrew Weil has guided the eatery's seasonal menu with his anti-inflammatory food pyramid.
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Despite Super Bowl popularity, NJ sports-betting nosedives in February
In January, patrons wagered $958 million at the state’s sportsbooks, the lion’s share of it online. Then in February, they wagered less than $743 million, according to data posted March 16 by the New Jersey Division of Gaming Enforcement.
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GTI opens state’s second Rise medical cannabis dispensary in Paramus
Profits from the first day of sales will be donated to the Paramus Children’s Health Foundation
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Ferrero US CEO, trade group chair: Innovation, brands drive confections
“The industry is very recession resilient. Where other categories might have bigger swings depending on the economic situation, as a general rule, the confections industry may soften but it’s not necessarily even devastated by economic downturn,” Chibe said.
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NJ restaurant, hospitality group taps Ocean County tourism head as CEO
Dana Lancellotti will replace Marilou Halvorsen, the NJHRA’s outgoing president and chief executive officer, who in turn will be the vice president of state relations and government affairs at the American Hotel & Lodging Association.
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Imperial Dade acquires Miami based supplier
With the addition of Cosgrove Enterprises Inc, the Jersey City-based distributor of foodservice packaging and janitorial supplies company will operate 74 facilities across the nation.
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Black Bear Sports Group acquires ninth New Jersey ice rink
The Howell Ice Arena features two ice sheets, a snack bar and a pro shop. Over 500 local youth and high school hockey players use the Arena as their home ice rink.
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SodaStream US taps Lavazza, J&J vet as VP of operations
Chris Milano joins the Pennsauken canister carbonation company as vice president of operations.
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