Last updateWed, 20 Sep 2017 9am

Wine superstore opens on Rengstorff with canapes, swordsman

Courtesy of Craig Lee
Total Wine & More opened its new Rengstorff Avenue location last week. The liquor store, which stocks approximately 13,000 products, hosted an opening-night gala. The premiere party featured local food and a demonstration, above, on how to open a champagne glass safely with a saber.

With a beheaded champagne bottle and a host of snacks from local restaurants, Total Wine & More opened last week in a vast space next to Costco in Mountain View.

The new beer, wine and hard liquor shop transformed 1010 Rengstorff Ave. from its former incarnation as pet store. Canyon-like aisles include wines, mead, cider and beer ranging from cases to single 12-ounce bottles. The retailer also stocks a cigar room, and a broad selection of mini bottles of liquor toward the front provides novice cocktail makers with a chance to try an expensive ingredient such as St. Germaine ($3.99 for 50 ml) without dropping $30 on the experiment.

ETNs are not the same as ETFs

Thanks to the proliferation of 401(k) and similar retirement plans, most everyone today has become familiar with mutual funds.

In 1993, the first exchange-traded fund (ETF) came into being. Although not as well understood as mutual funds, ETF investment growth today is starting to eclipse that of traditional mutual funds.

Data-share agreement expands access to property listings

Four multiple listing service partners in the Bay Area recently agreed to streamline system capabilities so that participants and subscribers can access thousands more listings through one single point of entry.

The agreement enables Silicon Valley realtors to access three times more property listings.

Exercise studios a good "fit" for El Camino Real

Courtesy of Candy Smolik
Candy Smolik, right, demonstrates a fitness technique at Fit Theory, her El Camino Real studio. Fit Theory, located in the old Mohr Clocks building, is one of two fitness centers in Los Altos along El Camino. Zoning restrictions prevent such tenants from leasing vacant retail space downtown.

Candy Smolik didn’t expect to move her fitness studio to a space previously occupied by a clock store, but the location on El Camino Real in Los Altos was too good to pass up.

It’s proving to be the perfect fit for Fit Theory.

Foie gras 'za? You'll have to wait

Courtesy of Cristina Smith
Lars M. Smith, right, describes his award-winning pizza to the crowd at the International Pizza Expo in Los Vegas. His pizza won first place in the Non-Traditional Division of the competition.

A pizza champion, a ribbon-cutting ceremony and a new wine superstore all made news in the local business community last week.

Home of the pizza champion

Lars M. Smith, co-owner of Los Altos’ soon-to-open State of Mind Public House, recently won the Non-Traditional Division of the International Pizza Challenge.

Double your money

In Douglas Adams’ best-seller “The Hitchhiker’s Guide to the Galaxy,” the magic number that unlocked the universe’s answers was simple, if opaque: “42.” Adams later said it was a joke and that he picked the number at random, though many tried hard to justify that number as a truly magic number.

When it comes to investing and finance, however, there is a truly magic number: 72. While a spreadsheet or a scientific calculator may be required to calculate compound interest, using the number 72 gives you a simple calculation for when your money can double after compounding over the course of several years.

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