Glens Falls Business Journal - February 2021

Page 1

PRSRT STD U.S. POSTAGE

GBJ P.O. Box 766 Saratoga Springs, NY 12866

VOL. 32 NO. 12

PAID

GLENS FALLS, NY 12801 PERMIT #600

HH The Business Newspaper of Warren and Washington Counties HH

www.glensfallsbusinessjournal.com

FEBRUARY 2021

Kirsh Helmets To Increase Marketing Efforts Price Chopper/Market 32 Will Merge With As Motorcycle Season Expands Nationwide Grocery Chain Based In Western New York BY CHRISTINE GRAF Motorcycle helmet manufacturer Kirsh Helmets launched its first product, the CHM-1 half shell helmet, in December. The company has also expanded its network of independent agents throughout the country. “Our agents are working to get our helmets into stores—primarily motorcycle dealerships,” said Donald DeVito, president and chief operating officer. “We have 18 agents right now and would like to add a few more. Manufacturing and assembly is in full swing at the company’s 5,000-square-foot facility in Queensbury. The space is leased from Seeley Machine Work and opened one year ago with support from Warren County Economic Development. “You launch motorcycle products the same way you do in the automotive industry. You start out of the east coast and west coast and then work your way into the interior. That’s how we are approaching it right now.” During the winter, Kirsh Helmets is focusing marketing efforts in southern states that have longer riding seasons. The goal is to establish a strong position in retail stores prior to the spring when the riding season resumes in cold weather states. “I think this year is going to be the same as last year, which was a record year for recreational vehicles including motorcycles,” said DeVito. “It’s a naturally socially distanced lifestyle, so riders rode more.” DeVito expects the CHM-1 helmets to be getting into stores by the end of February. They are currently available for sale online as well as at the company’s headquarters on State Street in Schenectady. Customers are asked to call ahead to schedule an appointment to view the helmets and try them out. “We want people to be able to take our helmets for a ride. When people ride the helmet, they love the helmet,” said DeVito. “That’s why part of our strategy is engagement at the grassroots level. We intend to work the

Kirsh Helmets founder and CEO Jason Kirshon holds one of his products. Courtesy Kirsh Helmets

ground game—which is to be at the stores doing bike nights and other events that are related to the riding groups in the communities that we serve.” Kirsh Helmets plans to have representatives at motorcycle shows and rallies throughout the country during 2021. To protect staff and customers, the company suspended its direct engagement efforts in 2020 due to COVID-19. “We pushed everything to this year. We are hoping with the vaccine and a better management of COVID that we will be able to see more shows and rallies emerge in 2021,” said DeVito. Fourteen of the company’s 19 employees Continued On Page 2

Price Chopper/Market 32 has entered into a definitive merger agreement with Tops Markets, a grocery chain based in western New York, that nearly doubles the collective footprints of both in the Northeast, officials said. Both chains have deep ties to their local communities and shared commitments to service, savings, and convenience, officials said in statement. With increased scale, the merged companies are expected to be better positioned to compete and offer more value and services to their customers. Scott Grimmett, Price Chopper/Market 32 president and CEO, will be CEO of and serve on the board of directors of the new parent company, which will oversee the operations of nearly 300 Price Chopper, Market 32, Market Bistro and Tops Markets stores and collectively employ more than 30,000 people. Frank Curci, Tops Markets chairman and CEO, will serve on the board of directors of the new parent company and as a consultant to assist in the transition. Blaine Bringhurst, Price Chopper/ Market 32 executive vice president of merchandising, marketing and store operations, will lead the Price Chopper/ Market 32 business. John Persons, Tops Markets president and chief operating officer, will lead the Tops Markets business. The new parent company will be headquartered in Schenectady. The Price Chopper/Market 32 and Tops Markets businesses will retain main offices in Schenectady and Williamsville and will continue to be managed locally by their respective leaders. “I’ve seen tremendous change in our industry across my 65-year career and have long been an advocate for the promise of innovation and partnership, like that

This is a Tops Markets store in western New York. Price Chopper will merge with the chain. which has driven this merger forward,” said Neil Golub, Price Chopper/Market 32 executive chairman of the board. “I can assure you that our commitment to sustaining and improving the communities in which we operate remains steadfast.” “This merger marks a major step forward and collectively elevates our ability to compete on every level,” said Grimmett. “It leverages increased value for our customers; advances shared opportunities for innovation; fortifies the depth of our workforce, community and trade partnerships; and ultimately accelerates our capacity to deliver a distinctively modern and convenient shopping experience. Given the vital role that supermarkets and their workforces play in our communities, particularly this past year, I am excited to lead the parent company of these two historic grocery retailers.” Continued On Page 6

Glens Falls Sets Up Deferred Loan Program Lake George Area Winterfest Off To A Good For New, Expanding Downtown Businesses Start; Events Run Through End Of February A new deferred loan program was established in Glens Falls to help entrepreneurs looking to start or expand businesses in the downtown area. It is part of the city’s Downtown Revitalization Initiative, part of a series of state-funded projects that are coming to fruition. Entrepreneurs can now apply for a deferred loan through the Glens Falls Business Downtown Revitalization Initiative Venture Enterprise Program, or GF Business DRIVE. Around $600,000 of the city’s $10 million DRI grant awarded by the state in 2016 to rehab portions of the downtown area near South Street is being used to establish the program, city officials said. Funding for the program was provided by the state’s Division of Housing and Community Renewal and will be administered by the city and the Greater Glens Falls Local Development Corp. The city is seeking to promote new and existing business development within the DRI Target Area, including the South and Elm Street area that will be undergoing a significant redevelopment effort also sponsored by the DRI, and other parts of the Downtown Business District targeted for retail and general

The city is seeking to promote new and existing business development. commercial activities. Loans will be based on the needs of each awarded business and will be forgiven after five years if the business continues to operate within Downtown Glens Falls and meets all other program terms during that five-year period, Continued On Page 14

The Lake George Area Winterfest kicked off the first weekend in February with nearly 900 wristbands sold for the event, organizers said. The wrist bands are used for rides on horse-drawn carriages, hot chocolate stations, hotel and restaurant discounts, and socially-distanced safe outdoor events such as snowshoeing, cross-country skiing, snowmobiling, winter “fat tire” mountain biking, axe throwing, dog sled rides and more. Visitors are encouraged to share their photos of Winterfest on Facebook and Instagram by using the hashtag #lakegeorgewinterfest to enter to win a restaurant gift certificate. A winner will be drawn on March 1. Wristbands are still on sale for Winterfest, which continues Thursday to Sunday ever y weekend in Februar y. Activities selected with a with wristband are for one-time events, but the carriage rides, cocoa and discounts can be enjoyed all month long. Participants can choose from a $30 wristband (including a special winter activity) or a $20 wristband (without the special

winter activity). Both include access to horse-drawn carriage rides around Lake George on Saturday, hot cocoa stations, 15 percent off a hotel stay and 10 percent off at many participating restaurants, which are all listed on the website. Many of the restaurants offer takeout and delivery options. Children’s wristbands are half the price of the adult wristband. Now open is a new public ice skating rink adjacent to the Shepard Park beach. It is for the general public to enjoy as well as Winterfest wristband holders. Additionally, Winterfest ice sculptures are now on display at several key locations in the area, including the Hyde Museum. Wristbands can be purchased at www. lakegeorgewinterfest.com. The wristband must be purchased by Sunday for the following weekend in order to allow for delivery time. Wristbands are only sold online. WinterFest is funded by Warren County and supported by the Warren County Board of Supervisors, the Town and Village of Lake George, Lake George Regional Chamber of Commerce, and major hoteliers and restaurateurs. Proceeds of wristband sales benefit Warren County’s promotional programs.


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