NJ’s Kam Man helped pioneer Asian supermarket wave

EAST HANOVER —The smell of barbecue and pan-fried buns radiates throughout the food court at Kam Man Food Market.   

It’s Saturday morning at the Chinese supermarket in Morris County. Chef Tony Huang and his staff are busily serving up roast pork buns, ducks, congee and other delicacies. A multiracial line of customers waits for the fresh, hot treats coming out of the kitchen.    

“It’s first-come, first-serve,” said Kam Man President Bill Woo. Delicious baked goods like egg tarts and pineapple buns are usually sold out by late afternoon, Woo said. If there are any leftovers, they’re given to the staff at day’s end – never resold the following day.

“In business, your reputation is most important and that reputation is accumulated through years and years of positive interactions with your customers,” said Woo, the trim, second-generation owner who’s also a councilman in Englewood Cliffs. 

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Beyond Meat Q2 Earnings: Restaurant Sales In Focus As Economy Reopens

  • Reports Q2 results on Thursday, Aug. 5, after the market close
  • Revenue Expectation: $143 billion
  • EPS Expectation: loss of $0.23

Shares of Beyond Meat (NASDAQ:) have remained under pressure throughout the pandemic as the veggie burger-maker struggled to increase its sales when restaurants, stadiums and campuses were closed.BYND Daily

As the economy reopens and some of these avenues start again, investors are not convinced that sales will come back quickly. BYND shares have fallen 19% during the past month, illustrating investors’ nervousness about owning this high-growth stock.

When the Los Angeles-based company releases its second-quarter earnings tomorrow, one of the most important numbers to analyze is how quickly sales from restaurant and food-service sectors are rebounding.

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