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Rachel Uranga

Stories by Rachel

Port Logistics Group Buys Ecommerce Shipping, Warehouse Service

Port Logistics Group will acquire Oakland-based Whiplash Merchandising Inc., an ecommerce shipping and warehousing service, in a move which will expand PLG’s ecommerce fulfillment capabilities.

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Beyond Meat Sets IPO Pricing, Seeks $1.2 Billion Valuation

El Segundo-based Beyond Meat Inc. set the terms of its initial public offering and released more details about its operations in disclosures filed April 22 with the Securities and Exchange Commission.

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Trade Troubles

After year-end surge, ports see fall in first-quarter imports from China

Ports see imports from China fall in first quarter.

Delay Extends Port Battle

TRADE: Terminal operators continue push for automation

Fight over automation continues at Port of Los Angeles.

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Smart & Final Acquired for More Than $1 Billion

Investment firm Apollo Global Management will acquire Commerce-based Smart & Final Stores for more than $1.1 billion.

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Harbor Commissioners Postpone Automation Vote

Hundreds of dockworkers booed as the Los Angeles Board of Harbor Commissioners announced Tuesday morning to postpone a vote for 30 days on automation at the West Coast's largest terminal at the request of Los Angeles Mayor Eric Garcetti.

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Warehouse Tech Platform Flowspace Raises $12M

Culver City-based Flowspace Inc., a technology company that helps connect businesses with available warehouse space and fulfillment services, announced April 16 it raised $12 million in Series A funding.

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Butterfly Buys Bolthouse Farms From Campbell's for $510M

Butterfly Equity acquired Bolthouse Farms, best known for its refrigerated juices, from Campbell Soup Company for $510 million, the Beverly Hills-based firm announced on April 12.

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Supermarkets, Union Call on Federal Mediator

SoCal grocery employees have been working without contract since March 3

Federal mediator steps in as grocery workers union, stores negotiate contract.

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Big Swag is Coachella’s Bag

Retail: Brands spend thousands to reach influencers at the music festival

GBK looks to get swag bags into influential hands at Coachella.

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Imports Tick Up Despite Decline in Chinese Shipments

Imports into the San Pedro Bay rose slightly in March compared to the previous year, even as the nation saw fewer shipments come in from its largest trading partner, China.

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Soylent Inks Distribution Deal With Walmart

Retail giant Walmart will distribute meal replacement maker Soylent, giving its Los Angeles downtown parent company, Rosa Foods Inc., a major boost.

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Border Back-Up Causes Headaches for L.A. Importers, Manufacturers

Bottlenecks at the U.S.-Mexico border are already doubling wait times in San Diego — and that could get worse.

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Anastasia to Sell Beauty Products on Instagram

Beverly Hills brand among first to use in-app checkout for purchases

Anastasia fans can shop on Instagram.

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Plastic Rules Could Upend Food Service, Retail

Special Report: Environmental Business

Many companies, cities trying to get ahead of new regulations

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Epson Moves HQ

Epson America Inc. will leave its Long Beach corporate headquarters in the summer of 2020, moving a few miles down the road to a larger site in Los Alamitos.

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Global Icons Takes Majority Stake in Fred Segal

Sawtelle-based brand licensing agency Global Icons acquired Fred Segal, the iconic Los Angeles lifestyle luxury retailer from Evolution Media, which will maintain a minority stake in the company.

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Fashion Rental Site FashionPass Files Suit Against Rent the Runway

FashionPass is alleging competitor Rent the Runway pressured more than a dozen mostly Los Angeles-based fashion lines into an exclusive relationship in an effort to drive the smaller subscription clothing company out of business, according to a lawsuit filed in Los Angeles Superior Court Tuesday.

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Grocery-Anchored Shopping Complex in South Gate Sold for $29.5 Million

Safco Capital Corp. has acquired a fully-occupied retail complex in South Gate, anchored by an Aldi discount supermarket, for $29.5 million from Catellus Development Corp. of Oakland.

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Madera Tries New Model

FOOD: Fast-casual pivot is social media-friendly

Former nightclub owners Tosh Berman and Amrou Manaseer know just how to curate a scene

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Import Volume Down 10 Percent at Ports in Post-Holiday Slump

Cargo volumes sunk at the San Pedro Bay ports in February with imported goods sliding 10.2 percent compared to the same time last year.

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Fast-Casual Chain Expands, Reaches Out

Hilltop Coffee and Kitchen adds locations in under- served LA neighborhoods

Hilltop Coffee and Kitchen is adding two locations in Inglewood and Eagle Rock

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FOOD FOCUS

Everytable aims to serve low-income areas, make money doing it

Sam Polk made millions of dollars as a Wall Street trader; now he wants to fix the fast-food business

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Recruiting Platform Cluster Raises $1.9M With Plans to Expand

Culver City-based recruitment firm Cluster Inc. raised $1.9 million to expand its team and bolster relationships with manufacturers in Southern California, the company announced on March 13.

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Z Gallerie Files for Bankruptcy Protection, Plans to Shutter 17 Stores

Home décor retailer Z Gallerie filed for Chapter 11 bankruptcy protection and plans to close 17 stores as part of its restructuring.

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CHILD’S PLAY

Co-working spaces for parents take off

New mom Naomi Leight-Give’on was having a hard time balancing the demands of her professional work and parenting responsibilities.

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Handbag Brand Hammitt Raises $2M

Hammitt Inc., a Hermosa Beach luxury handbag maker, raised $2 million dollars in funding from investors, according to a Feb. 6 securities filing.

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LinQuest Names CEO

Government space technology provider LinQuest Corp. named Timothy Dills its new chief executive, the company announced Monday.

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Congestion Plagues LA and Long Beach Ports

Cargo sits at terminals as regional warehouse space remains tight

Congested docks plague L.A., Long Beach ports.

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Earnings Report: Jakks Closing on Meisheng Deal; Stems Losses

A Chinese company’s bid to take over struggling Santa Monica toymaker Jakks Pacific Inc. appears to be coming to a close, according to a Feb.26 Securities and Exchange Commission filing that suggest the deal hinges on restructuring the company’s debt.

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RETAIL HIGH

Luxury cannabis thrives as new collection hits Barneys’ shelves

Barneys gets in on budding pot market with High End.

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Lemonade, Modern Market to Merge

Butterfly Equity plans to grow the two food chains

Franchising is goal of Lemonade Restaurant Group merger.

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Clutter Raises $200M from SoftBank

Investment bank’s Vision Fund bets on storage

Clutter looks to spread after funding round.

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Jakks Faces Nasdaq Delisting

RETAIL: Failure to hold shareholder meeting cited

Jakks Pacific isn’t playing when it comes to takeover by Chinese toymaker.

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Butterfly Equity to Merge Two Healthy-Food Chains Into a New Restaurant Division

El Segundo-based fast-casual restaurant chain Lemonade will merge with Denver-based Modern Market Eatery to form a new restaurant group with an eye toward franchising their healthy brand.

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On-Demand Storage Company Clutter Raises $200M From SoftBank Vision Fund

Clutter, an on-demand storage company that’s trying to shake up the storage market, raised $200 million to fuel its expansion into Philadelphia, Portland and Sacramento, it announced Wednesday.

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$180M Manhattan Village Makeover Underway

At revamped shopping plaza, focus on experiential, communal space

Manhattan Beach mall gets swanky makeover.

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Mattel Strikes Three-Year Licensing Deal for ‘Despicable Me' Merchandise

El Segundo toy maker Mattel secured a three-year international licensing agreement to produce “Despicable Me” merchandise ahead of the release of the “Minions” sequel film. The Feb. 14 announcement is the latest in a series of scores for the Barbie and Hot Wheels producer.

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Slower Cargo Traffic at Twin Ports in January

Weak import figures at the ports of Los Angeles and Long Beach in January suggest the rush to import Chinese goods ahead of a possible hefty tariffs may be waning, analysts say.

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RECYCLING REVOLUTION

Moral Fiber targets the garment industry’s waste

Clothing industry looks to tackle issue of waste.

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Goat Gets $100M Investment From Foot Locker

Tennis shoe giant Foot Locker Inc is betting big on a secondary sneaker market brand based in Culver City that’s created buzz with an app that helps sellers and buyers avoid counterfeits.

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SpaceX Gears Up for Manned Space Flight

Space Exploration Technologies Corp’s dress rehearsal for manned space flights this summer is aimed for March 2, when Space X’s s Crew Dragon is slated to launch an unmanned demonstration flight from Kennedy Space Center's historic Launch Pad 39A, NASA announced Wednesday.

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Mattel Taps Former Disney Channel Exec to Helm TV Division

Toymaker Mattel tapped a former Disney Channel executive to run its television division as it moves to bolster its live-action and animation productions based on its iconic brands.

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Guthy-Renker Settles $8.5M Lawsuit Over Auto-Renewal Payments

Direct beauty marketing company Guthy-Renker settled an $8.5 million lawsuit alleging it illegally charged customers for Wen hair and Proactiv acne products through automatic payments renewals, officials announced this week.

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Subscription Vitamin Company Ritual Raises $25M

The women’s subscription vitamin company Ritual announced Feb. 5 it has raised $25 million in Series B funding, which it plans to create an “iconic” pill.

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Fat Brands Expanding in India With Plans to Open 60 New Restaurants

Beverly Hills-based Fat Brands is expanding their reach into India with 60 new co-branded Fatburger and Buffalo’s Express restaurants planned over the next decade, the company announced Monday.

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CPUC Fines SoCal Gas $3.3M Over Ontario Pipeline Investigation

Southern California Gas was hit Friday with a $3.3 million fine by state regulators who accused the company of failing to properly and timely investigate a January 2017 explosion in Ontario that injured on person.

Rogers & Cowan Restructuring Its Red-Carpet Division Following Acquisition of ITB

Public relations giant Rogers & Cowan will restructure its celebrity red carpet division as part of its plans to rebrand the recently acquired London-based entertainment marketing agency, ITB Worldwide, into a “global powerhouse fashion agency.”

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BROADWAY BLOOM

Can downtown’s Broadway recapture its retail glory?

Developers remaking Broadway with retail revolution.

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BROADWAY’S BOUNTY

Developers remaking Broadway with retail revolution.

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