City grocery-store owners are blasting Big Apple officials for allowing licensed fruit and vegetable vendors on the same block as their shops — in some cases fewer than 30 feet away — eating into their profits. In Forest Hills, Queens, a fruit and vegetable stand is located just 25 feet from a Key Food supermarket … Read more
New York billionaire John Catsimatidis said his firm Red Apple Group is looking to make “green” energy affordable by developing a new breed of small nuclear reactors — and the company has hired a seasoned energy executive to lead the effort. The $7 billion conglomerate — which owns the Gristedes and D’Agostino’s grocery chains, as … Read more
Billionaire business mogul John Catsimatidis promoted his 30-year-old son to president and chief operating officer of the $7 billion Red Apple Group, which has a vast empire that spans media, real estate, fossil fuels, and the Gristedes and D’Agostino’s grocery chains in New York City. John Catsimatidis Jr., who was previously chief investment officer at … Read more
