The Daily Gazette
The Locally Owned Voice Of The Capital Region
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Odds officially against startups

Here’s a sobering statistic from Gallup: Since 2008, more businesses have been dying annually in the U.S. than have been forming.

Barbie must get back to business


The holidays were tough on Barbie.

Dissolving Johnstown EDC might be best move

The Johnstown Economic Development Corp. is one step closer to dissolving, filing a petition for court approval under state nonprofit law to go out of business and turn its assets over to the city of Johnstown.

Canada effort way off Target

Minneapolis-based Target Corp. pushed into Canada in 2013, opening store after store in rapid succession. Last week, the cheap-chic discounter admitted the foray was a flop and announced plans to leave the country, shutting all 133 of its Canadian stores.

Upstate becoming worth the venture

For many years, upstate was a “flyover” zone for venture capital: a region ignored by big East Coast investment firms on their way to promising deals elsewhere. That thinking may be changing.

Effort to tax online sales continues

With a new Congress seated this week and promises of wrangling on big issues like the Keystone pipeline, Obamacare and immigration, it’s anybody’s guess whether a new version of the Marketplace Fairness Act will catch attention.

Restaurant IPOs a hot commodity

Here’s a tidbit from the year just concluded: Restaurant IPOs are hot.

Internet killed ‘category killers’

Stores like HomePlace, Circuit City, Borders and Builder's Square, once among the feared “category killers” of retail, have all been, well, killed off.

New use for an old standard

A typewriter! I thought that office workhorse had been sent to the museum years ago by the computer.

Vinyl records making comeback

Long-ago vinyl is back in vogue

GE union to focus on housing

Two nonprofits associated with the union at General Electric Co. in Schenectady will ask a judge next week for permission to merge, creating a new entity with $11.5 million in firepower focused on housing.

FYE owner banking on holiday boost

Trans World Entertainment Corp., the Albany-based owner of the FYE music-video-games retail chain, has a new chief executive, who was just a month into the job last week when he participated in the company’s quarterly earnings call.

Money at heart of net neutrality debate

According to Richard Parsons, proponents of net neutrality don’t understand “how the capital markets work.”

Group sets sights on Spa City bag ban

The group looking to rid Saratoga Springs of single-use plastic bags expects to stage a dry run for some city officials of the presentation it will make to the City Council Dec. 2.

Banks want retailers liable for breaches


If you’re like John Buhrmaster, you’ve had a debit or credit card replaced at least twice this year because of data breaches at national retailers.

A grocery growth spurt online

In the next decade, the share of grocery shopping occurring online will be as much as 17 percent, up considerably from today’s 4 percent, according to one industry survey.

Boscov’s tells story of century in ad series

I’ve been reading the history of Boscov’s in serial form, thanks to the vignettes the department store is publishing in its advertising circulars.

Darden sweep a lesson for boards

At last Friday’s annual meeting, Darden Restaurants shareholders voted out all 12 members of the company’s board and elected a dozen new directors nominated by Starboard Value L.P., an activist hedge fund.

Revised state rules aim to ensure debt is legitimate

More than 100,000 credit-card cases are filed annually in state courts, many of which result in what New York’s chief judge, Jonathan Lippman of the Court of Appeals, says are unwarranted judgments against ordinary people because the debt is old, undocumented or incorrect.

Region survives state’s ‘restacking’

For many years in the Capital Region, if New York sneezed, we caught a cold. That seemed to be the case, too, when Gov. Andrew Cuomo decided in 2010 to cinch the state’s belt by moving office workers from leased quarters in privately owned buildings to vacant state-owned space.

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