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TIME: Almanac 1990
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1990 Time Magazine Compact Almanac, The (1991)(Time).iso
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060589
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06058900.015
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1990-09-17
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BUSINESS, Page 57Business NotesPERESTROIKAHottest Loaf In Town
Bloomingdale's takes pride in introducing chic fashions to
trend-hungry New Yorkers, so it seemed perfectly appropriate that
the department store was the first in town to sell the latest
product of perestroika: imported Soviet rye bread, hot off the
flight from Moscow. Bloomingdale's last week was selling the
two-pound loaves (price: $6) at the rate of 30 an hour.
Two types were offered: Rjanog, a sour rye, and Borodinsky, a
sweeter bread flavored with coriander. The so-called peace bread
was also being offered to customers at the posh Waldorf-Astoria
hotel and the Russian Tea Room. U.S. entrepreneur Fred Kayden
arranged the imports after 7 1/2 months of negotiations with Soviet
officials and a "perestroika entrepreneur" in Moscow. But Kayden
may not have a black-bread monopoly for long. Zaro's Bread Basket,
a New York City bakery chain, plans to start selling imported
Soviet bread for $5 a loaf. Would Muscovites pay that kind of price
for Wonder bread?