Reporter (Retail, Restaurants, Hospitality)
Caroline Anderson covers retail, restaurants, and hospitality for the Los Angeles Business Journal. To contact her, email firstname.lastname@example.org. @caroline_mander
Phone: 323-549-5225 Extension: 229
Tourism is up for L.A. County from high-spending international visitors.
The county of Los Angeles welcomed a record number of visitors for the seventh year in a row, hosting 48.3 million visitors last year, the Los Angeles Tourism & Convention Board announced Jan. 10.
Santa Monica’s Pontifax AgTech led the second closing of a $9.5 million Series B round in Denver agricultural technology company Inocucor Corp., the companies announced Jan. 8.
Biannual promo push helps put upscale local eateries in national picture
Dine L.A., the city’s two-week foodie-dream, returns to Los Angeles with more restaurants.
Restaurants lead way as franchisers expand base in growth year
Franchisers, particularly restaurants, in L.A. County added units to grow numbers.
Lincoln Height’s Forever 21 Inc. posted a loss of more than 29 million pounds, or almost $40 million, for its seven U.K. retail stores for the year ended Feb. 28, 2016, according to an annual report filed with the U.K. government on Dec. 15, 2017.
RETAIL: Ares’ portfolio company’s debt downgraded
Ratings agencies say Guitar Center out of rhythm.
El Segundo toy company Mattel Inc. permanently laid off 70 employees earlier this month, according to a WARN notice filed with the California Employment Development Department.
L.A. pressed juice company Juice Served Here Inc. has shut its retail stores and wholesale business, according to the company.