Stories by Caroline
The founder of Collins Foods International, now known as Sizzler International, and his wife donated $10 million to Cal Poly’s Collins College of Hospitality Management in Pomona, the school announced March 20.
A West Hollywood-based etailer selling designer clothing for women sizes 10 to 24 raised $8 million, the company, 11 Honore, announced March 19.
New auto registrations in Los Angeles County surged 13.2 percent in January from the year prior, according to new data from Auto Outlook Inc. published by the Greater Los Angeles New Car Dealers Association.
Statewide trade group to gather comments, weigh in with L.A. City Council
State restaurant trade group weighs in on L.A.’s trash pickup dispute.
Architect Richard Meier, known for designing the Getty Center in Los Angeles, is taking a six-month leave of absence from his firm after the New York Times reported on March 13 that five women accused him of sexual harassment.
Chinese investors use design to attract growing ethnic visitor base.
New hotel has luxe details and high-tech touches to cater to Asian tourists, locals.
Construction of a new 180-room hotel branded with the AC Hotel by Marriott concept is underway in El Segundo, according to Irvine contractor R.D. Olson Construction.
The Los Angeles Tourism and Convention Board is stepping up and into the 21st century with a new deal to air its latest marketing campaign on Santa Monica streaming service Hulu.
L.A. County lost 675 units in 2017; notable names shutter operations here
Some of L.A.’s high-profile restaurants have closed, reflecting a national trend.
An El Segundo firm added a 1 million-square-foot Missouri mall to its growing portfolio of class B centers.
Jack Sinclair was promoted to chief executive of 99 Cents Only Stores, replacing Geoffrey Covert, who is retiring, the Commerce-based company recently announced.
Butterfly Equity, a Beverly Hills private equity firm with a focus on food companies, acquired a Denver-based healthy food chain for an undisclosed amount, the company announced on Feb. 27.
The Hammer Museum at UCLA in Westwood announced today that it had received a $30 million gift from the Wonderful Co. owners Stewart and Lynda Resnick as part of a larger $180 million fundraising campaign for a renovation begun last year.
Rosemead-based Panda Restaurant Group has signed a franchise agreement with Baton Rouge, La.-based Raising Cane’s to open locations of the chicken finger concept in Hawaii and Alaska, according to news reports.
Competitors have grown rapidly; Westwood chain to catch up with changes
A fast-casual pizza in Westwood is rebranding.
Multi-level marketing company Herbalife has set up a $90 million fund to extend the company’s growth in China, the downtown-based company announced on Feb. 12.
Eateries based on one-time TV, cinema hits on the way
Move over food: movie and TV show themes are the newest trend in restaurants.
The total value of sales of Los Angeles County hotels hit a record of $1.67 billion last year, according to a new report from Irvine hotel brokerage Atlas Hospitality.
Macerich Co. wanted to draw more traffic to its open-air Santa Monica Place mall.
Visitors to area swelled 23 percent in 2016, $2.8B annual impact
Tourists loved L.A. County last year – and particularly Beverly Hills.
Sanrio Inc. promoted Craig Takiguchi to chief operating officer.
West L.A. veterinary care chain VCA Inc. landed a sweet deal when it was acquired by McLean, Va.-based candy maker Mars Inc. last year for $9.1 billion.
MARKETING: L.A. dealers generally pleased; trucks, SUVs increase market share
New car dealerships are coming off a multi-year high but still making deals.
Los Angeles is a hot spot in the strongest market for hotel development in the past 30 years – but that doesn’t mean everything on the drawing board will come to fruition.
Wayne, N. J.-based national toy retailer Toys R Us plans to close four Los Angeles County stores as part of its effort to restructure in the wake of its Chapter 11 bankruptcy filing in September, according to a bankruptcy document filed Jan. 23.
San Francisco’s Golden Gate Capital has appointed a new chief executive of Playa Vista’s California Pizza Kitchen, the companies announced today.
2017 gains driven by 23 new hotels; market likely to top California again this year
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.
Restaurants lead way as franchisers expand base in growth year
Franchisers, particularly restaurants, in L.A. County added units to grow numbers.
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.
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.
Downtown’s City National Bank expanded the headcount of its newer food and beverage group to 16 bankers, the company announced in a statement today.
CBRE report points out shift from cash registers to smart phones at shops
Retailers are using smartphones rather than cash registers, and replacing inventory for purchase with new items for testing.
Two of the 10 biggest hotel transactions in the U.S. this year involved L.A. properties, according to a list published yesterday on Santa Barbara real estate technology firm Yardi Systems Inc.’s blog Commercial Café.
$6.5 Billion Kohler Brand Opens WeHo Experience Center
Kohler’s next-gen commodes and fixtures get West Hollywood showroom.
Professionals finding gigs in the L.A. metro area through local services website Thumbtack said they have more confidence in their business and the economy in the near future than the nationwide average, according to a study released Wednesday by the San Francisco company.
Delivery-only concept seen as possible supplement to outfit’s fast-casual chain
There’s a new restaurant opening in town…minus the restaurant.
Santa Monica private investment firm Clearlake Capital Group and beverage veteran Bill Moses announced Thursday the formation of Disruptive Brands, an investment platform specializing in better-for-you foods and beverages.
Customers at the newly renovated Westfield Century City mall now have the option of a high security, concierge-type service.
Lovers of Gladstone’s restaurant on Pacific Coast Highway in Pacific Palisades probably still have another couple years to enjoy the seafood spot.
Mendocino Farms sells majority to private equity; Counter goes to franchisor
The local restaurant trade very much reflected industry trends last week as two chains were snapped up – one changing hands in a deal between private equity firms and the other going to a strategic buyer.
Fat Brands Inc., the Beverly Hills parent of the Fatburger restaurant brand, has agreed to acquire the 60-unit Hurricane Grill & Wings brand for $12.5 million.