MarketH&H Bagels
Company Profile

H&H Bagels

H&H Bagels is a bagel company in New York City that has been described as "classic," "famous," and "iconic." It operates five retail locations in New York City, with plans for 25 more stores across the United States. H&H Bagels also has nationwide shipping and global wholesale businesses.

History
The business was started in 1972 when Puerto Rican Helmer Toro and his brother-in-law Hector Hernandez (hence "H&H"), bought Midtown Bagels at Broadway and 80th Street for $5,000 ($ in 2018 dollar terms) in cash and $50,000 ($ in 2018 dollar terms) in a loan. Toro eventually assumed full control of the business. In 1974 Toro opened H&H Midtown Bagels East on the Upper East Side of Manhattan. In 1979 H&H went bankrupt for the first time which resulted in a new group taking over ownership of the Upper East Side H&H location while Toro retained ownership of the Upper West Side location. In 1993 Toro moved his bakery to 46th Street at 12th Avenue in Hell's Kitchen, although his primary storefront remained on the Upper West Side. On November 18, 2009, Manhattan District Attorney Robert Morgenthau announced the indictment and arrest of Helmer Toro for stealing withholding taxes and evading unemployment insurance taxes. The indictment alleged that between July 2003 and April 2009, Toro failed to pay $369,000 withheld from H&H employees. In May 2010 he pleaded guilty to grand larceny, and was sentenced to pay restitution of more than $540,000 and to a jail term, which he served over the course of 50 weekends from June 2010 to July 2011. Toro's portion of H&H filed for bankruptcy protection in February 2011 in an effort to maintain its manufacturing facility in Secaucus, New Jersey, but ultimately that facility was sold at auction in October 2011. The West 46th factory store and West 80th retail location closed in January 2012. The final days and collapse of Toro's portion of H&H are chronicled in The Rise and Fall of H&H Bagels. Marc Zirogiannis wrote this business memoir on his experiences as an advisor to the owner, Helmer Toro. In the meantime, H&H Bagels on the Upper East Side continued its normal operations. In 2014, a new CEO joined the company, implementing a new "national" approach. In September 2022, it secured funding to support its anticipated growth. In May 2023, H&H announced plans for 25 new locations across the U.S. It also announced the opening of a 20,000-square foot bakery in Woodside, Queens that will supply bagels worldwide. ==Reception==
Reception
In her autobiography, musician Mariah Carey describes H&H bagels as "sublime: soft, warm, and plump to perfection, a classic NYC morning staple..." National Geographic calls them "some of the city's best (bagels)." ==In popular culture==
In popular culture
On December 18, 1997, NBC aired the Seinfeld episode entitled "The Strike," in which Cosmo Kramer returns to work at H&H Bagels after supposedly having been on strike for 12 years. He eventually strikes again, returns again, then is fired for dropping his gum into the bagel dough. The episode is also famous for introducing Frank Costanza's alternative holiday, "Festivus for the Rest of Us!" == Retail locations ==
Retail locations
CurrentUpper East Side (2nd Avenue between East 80th and East 81st) This is H&H Bagels' oldest operating location. • Upper West Side (Columbus Avenue between West 85th and West 86th) Opened in November 2016, this was H&H Bagels' second location. It was renovated as H&H's flagship in 2022. It was closed by New York City marshals on June 29, 2011. • '''Hell's Kitchen (West 46th St)''' The H&H location at 639 West 46th Street also held a bakery manufacturing plant and wholesale, and a retail counter. This location was also open 24 hours a day. The property was sold in December 2011, but the company continued operating until evicted in January 2012. == References ==
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