Business Hall of Fame Inducts Four

On May 17 the Greater New Haven Business & Professional Association, an organization of predominantly African-American business people, welcomed four new members into its Business Hall of Fame. The group, which provides technical assistance and other support to entrepreneurs and professionals throughout greater New Haven, inducts individuals who have been successful in their business or profession for more than 20 years and have made exceptional contributions to the community. The 2008 inductees: • Cornell Scott is

Nothing Succeeds Like Succession

Nothing Succeeds Like Succession
How W.E. Bassett transformed keeping the business all in the family into something approaching science
One of Lynne Bassett Perry's most vivid childhood recollections of her family's company is staring at a flame inside a giant oven. "I remember being mesmerized by the flame [in a heat-treating oven], which was used to harden steel," recalls Perry, who today oversees operations for the W.E. Bassett in Shelton, a company with 155 employees that sells more than 100 personal-care implements used by customers around the world. She also remembers "the

'Some Day This All Will Be Yours.' Then What?

'Some Day This All Will Be Yours.' Then What?
Second (and later) generation family-business owners must reconcile continuity with necessary change
When a business is all in the family, the most challenging times often come during the changing of the guard from one generation to the next. Surrendering control to a new generation can be very emotional and difficult for a company founder. After starting a business and spending years building it up, letting go can be traumatic. However, it can be even more difficult for the new generation to take control from a parent or

Hamden Spa To Close Doors

HAMDEN - Sandra Friedman had hoped to celebrate the silver anniversary of Sandrea Remedies Spa & Cosmetique next month. But she's not going to make it. The business, located at 2440 Dixwell Avenue, has lost its lease and will be forced to close its doors by the end of June. Friedman said customers with gift certificates would have until June 28, the last official day of business, to purchase products or services. The spa employs about a

CVS Opens New Store in Milford

MILFORD - On June 8, CVS/pharmacy staged a grand opening celebration for its new store at 989 Boston Post Road. The new 13,000-square-foot CVS/pharmacy, which officially opened June 1, features a full-service pharmacy as well as a full line of health and beauty products, general merchandise and convenience food items. The Milford store also features: a double-lane drive-through pharmacy window service; digital photo café that where customers can customize

Investment Firm Marks Milestone

SOUTHINGTON - The investment-management firm of Edward Jones will open its 10,000th branch this month at 360 North Main Street in Southington. As part of a grand-opening celebration to take place June 12 from noon to 2 p.m. at the new branch, the company will donate $25,000 to Southington's "Rails to Trails" that will help pay for benches, trash receptacles, bicycle racks and signage along the town's section of the former Farmington Canal rail

Hot Couture for Cool Brides

Hot Couture for Cool Brides
The Aussie-born entrepreneur who's the heart & soul of Modern Trousseau
From 1978 to 1985, the song "Look for the Union Label" was aired on television by the International Ladies' Garment Workers' Union with the memorable lyrics: "Remember somewhere our union's sewing, our wages going to feed the kids, and run the house/We work hard, but who's complaining? Thanks to the ILG we're paying our way!/So always look for the union label - it says we're able to make it in the U.S.A.!" By the
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Should Connecticut Give Special Incentives to Individual Companies?

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