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Horn & Hardart CEO David Arena

Bringing back an old company. Food vending machines.

Aired on 77 WABC 2:12

Audio via Spreaker for 77 WABC

Transcript

Automated transcript · uncorrected

Speaker 1 Well, we twelked to David Arena over six months ago and he wants to put a new Horn in Heart Art in New York. Well, David Arena, is there any progress. Hi, John? Yes.

Speaker 2 Yeah, it’s a been about a year and a half since we brought Horn and Hard Art back and we’ve been making some pretty good progress in our revival. The introduction in the automatic coffee about a year half ago and we’ve had some strong sales, which kind of reflects the enduring love for this brand. And those strong sales

have helped us increase our buying power, reduce our costs, and which has allowed us to actually reduce our prices by about twenty five percent over the past year, making us a little more competitive. So today we’ve got a profitable and growing Horn and Heart Art, which I don’t think we’ve had since maybe the nineteen eighties. So going

in next year, we’re fully focused on finishing raising the necessary funds for the automatic locations you’ve planned.

Speaker 1 Now. When I was growing up, Horn and Hard Art had the best for your aunt. They used to sell it for nickel, then they went to a dime. But to me, it’s a quality of the coffee. Will the quality be so good that people will flop to the store.

Speaker 2 I hope. So it’s been. We’ve got great response on it so far. People really really love the coffee, and across all generations now too. We just sort of finished up our Black Friday sale and we have customers that reach out and say, you know, my parents and my grandparents talked about this coffee and now I get to

drink it. And it’s sort of this multi generational thing that we’ve been able to bring back, and that’s one of the coolest things about it. So I hope that we can obviously continue that with the automatic concept itself and again have this multi generational company that can last for another hundred years.

Speaker 1 Well, I look forward to tasting it and keep all New York as a phrase. Please and just text me anytime there’s updates.

Speaker 2 Absolutely, John, I will get you some coffee as soon as I can and I’ll talk to you soon.

Speaker 1 Well, thank you so much. It’s David Arena from Horning hart T the new Horning hard Art, and we’ll look we’ll look forward to catching up again soon. Thank you.

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Sunday, December 8, 2024

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Horn & Hardart CEO David Arena Bringing back an old company. Food vending machines.