Caroline Anderson covers retail, restaurants, and hospitality for the Los Angeles Business Journal. To contact her, email email@example.com. @caroline_mander
The name posted on L.A.’s five ShopHouse Southeast Asian Kitchen restaurants is about to change, but the food will remain similar now that another Asian restaurant concept has taken over the leases.
HOSPITALITY: Four-year, $40 million plan aims to feed Catalina’s tourism growth.
Catalina Island Co. plans to unleash a new wave of attractions and upgrades to draw visitors.
Discount grocer Smart & Final Stores Inc. saw its income decline in 2016, it reported this week, a loss executives attributed to the company’s acquisition of dozens of bankrupt Haggen Inc. stores.
HOSPITALITY: Host pays $219 million for W property that resurrected Hollywood.
New owner checks in to Hollywood W Hotel property with $219 million deal.
FOOD: Overseas buyer grabs Essential Living on the cheap.
Bankrupt “superfood” dealer Essential Living proves a tasty target for snack company.
DINING: Dim sales forecast, another executive departure batter stock of DineEquity.
DineEquity Inc.’s woes aren’t over.
HOSPITALITY: Number of acquisitions has trailed off after postrecession pickup.
Market for hotel sales could be running out of room to make deals after a postrecession flurry.
Restaurant company DineEquity Inc.’s share price plunged today with the announcement that the company expects sales at Applebee’s Neighborhood Grill & Bar to continue their decline this year.
Luxury hospitality company SBE is scheduled to open its first hotel in the Middle East this spring, the company announced this week.
AGRICULTURE: Progressive branches out into more fruits with deal for competitor.
Progressive Produce will now bear more fruit products after its pickup of a competitor.