Restaurant chains expanding in Manhattan
New York City Fast-food and casual-dining chains are taking advantage of more available restaurant spaces and budget-minded consumers who prefer inexpensive fare to debut and expand in Manhattan.
Panera Bread is looking at locations across Manhattan, while Toronto-based Freshii’s chain will break ground on its first of 20 anticipated New York locations next week, the Wall Street Journal reported. And Vapiano, a German-based pasta chain will open near Union Square next month.
Also coming to the Big Apple are the California-based Counter burger chain, due to debut in October in Times Square, and Elevation Burger, a Virginia-based chain, which is due to open in early fall.
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Consumer spending, confidence up
NEW YORK According to the Commerce Department, consumer spending rose 0.3% in May after an upwardly revised flat reading in April. A 1.4% increase in personal income was also reported by the Commerce Department. In April personal income was up 0.7%.
The rise in consumer sepnding and income was reflected in the Reuters/University of Michigan consumer confidence index for June, which was at 70.8 for June from 68.7 in May. This was above economists’ median expectation for a reading of 69, according to a Reuters poll.
A 1.4% increase in personal income was also reported by the Commerce Department.
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Amazon.com offers resource center for Windows 7
SEATTLE Amazon.com has launched a resource center for Windows 7 at http://www.amazon.com/windows7, offering customers in-depth information on the new operating system.
The Windows 7 Resource Center will be updated regularly with the latest commentary from independent industry experts, as well as video demonstrations of new features and customer forums.
The retailer is now offering Microsoft’s new Windows 7 operating system Home Premium Upgrade and Professional Upgrade packages for $49.99 and $99.99 at the Amazon.com Software Store ( www.amazon.com/software ).