Stories by Shwanika
The South Coast Air Quality Management District, the region’s pollution control agency, issued a notice of violation for leaks coming from crude oil tanker GAC North America currently berthed at the Port of Long Beach.
AECOM serving as construction manager
Downtown development gets funding windfall.
Fastest-Growing Private Companies 2018
SnackNation’s data drive
RETAIL: Chain looks to double footprint by 2020
Tender Greens could face growing pains.
Vernon-based True Religion Apparel Inc. said Nov. 2 that board member Chelsea Grayson was named interim chief executive as John Ermatinger steps down for retirement.
Real estate firm Related Cos. closed a $630 million construction loan from Deutsche Bank for its long-delayed $1 billion The Grand project in downtown L.A.
Adjusted earnings allow year-over-year operating profit to show uptick
El Segundo-based Mattel Inc. reported third quarter earnings last month
Food delivery service works directly with farmers to get goods to consumers
Kenneth Wu remembers shopping online – often bleary-eyed – for household and baby items after the birth of his second daughter in 2015
Venice-based Vive Organic, makers of cold-pressed wellness shots closed a $7 million Series A round led by Powerplant Ventures, a food and beverage investment fund in Manhattan Beach.
Covercraft Industries, a portfolio company of El Segundo-based private equity firm Century Park Capital Partners, acquired Carver Industries for an undisclosed amount, the companies recently announced.
Sears is bankrupt and closing stores, but former locations could have new life
Sears is bankrupt, but its former stores are hot real estate commodities.
TRANSPORTATION: State agency kicks in $21.6 million for on-dock plan
Port of Los Angeles moves forward with traffic-flow plan.
Santa Monica-based Jakks Pacific has authorized its advisors to begin negotiations on a takeover offer received in January from Hong Kong-based Meisheng Cultural Co., the toymaker announced in its third quarter earnings call.
A $21.6 million grant from California’s Trade Corridor Enhancement Program is helping the Port of Los Angeles move ahead with a major on-dock rail project designed to improve cargo flow.
Manhattan-based Newmark Knight Frank has completed the $106.2 million sale of Gateway Towers in the South Bay, the real estate firm said Oct. 22.
Downtown location includes rooftop basketball court and recovery lounge
“Experiential retail” in the air.
Glendale-based Produce Pay Inc., a company that provides short-term financing for farmers raised a $14 million Series B round.
Tastemade, a Santa Monica-based digital video company raised $35 million in a Series E round, the company announced Oct. 17.
The Port of Long Beach set a new fiscal year record in container movement and the Port of Los Angeles recorded its best September in history, the ports recently announced.
SHIPPING: Gains come amid global consolidation trend
The maritime shipping industry has seen a rising wave of consolidation.
Culver City-based cannabis company MedMen Enterprises Inc. announced its acquisition of PharmaCann in an all-stock deal valued at $682 million.
Canadian e-commerce company Shopify Inc. opened its first brick-and-mortar operation in downtown on Oct. 11
Anaplex Corp. in the city of Paramount has been ordered by the South Coast Air Quality Management District to temporarily curtail all operations and processes emitting toxic hexavalent chromium.
Elie Madi tapped for honors at Petersen Automotive Museum
Moss Adams brings back Fashion Innovator Award after two-year hiatus.
Apparel manufacturers invest in digital wholesale site
Apparel manufacturer Fashion Domino finding roadmap to e-commerce retailers.
Truck drivers and warehouse workers launched a three-day strike on Oct. 1 at the ports of Long Beach and Los Angeles claiming unpaid back wages from logistics companies.
Private equity firm Clearlake Capital Group has agreed to purchase ASP Unifrax Holdings Inc. in N.Y. Terms of the deal were undisclosed.
Century City-based private equity firm OpenGate Capital announced an agreement to sell portfolio company, Nakan, for $265 million to Houston-based Westlake Chemical Corp.
Beverly Hills-based private equity firm Monogram Capital Partners made its latest investment in food company Country Archer Jerky Co., for $10 million.
The Port of Long Beach Harbor Commissioners approved an $870 million budget for an on-dock rail facility that plans to largely shift cargo movement from trucks to trains.
Tony Yanow’s Golden Road follow-up set to open 13th location, more to come
Artisanal Brewers Collective expands footprint in L.A.
RETAIL: City eyes retail, hotel, housing next to mall
Carson is slated to be the next home for a premium outlet mall – and more – to be built by Macerich Co. and Simon Property Group.
Downey-based Kirkhill Manufacturing Co., makers of rubber compounds used by the aerospace, medical and automotive industries has been acquired by Swedish competitor, Hexpol, for $49 million.
The Studio, a downtown-based apparel manufacturer raised an $11 million Series A round led by Silicon Valley-based Ignition Partners.
Long Beach-based logistics company Cal Cartage Co. was ordered to pay $3.5 million to more than 1,400 of its workers for violating labor laws.
The Los Angeles City Council has unanimously voted for the drafting of legislation that will ban the sale and manufacture of fur-related products in the city.
The Port of Los Angeles has received a preliminary award of $41 million by the California Air Resource Board to build freight facilities that are near zero-emissions.
The assets of Los Angeles County’s top 50 private charitable foundations and trusts collectively topped $41.1 billion last year, a 4.8 percent boost over the prior year.
Santa Monica-based Macerich Co. and retail developer and operator Simon Property Group Inc. announced they will join to build an outlet mall in Carson.
The Port of Long Beach was approved for a $50 million grant to develop clean equipment and technology for various sectors of its cargo movement supply chain.
Face Haus adds locations in Santa Monica, USC Village, Manhattan Beach
West Hollywood-based Face Haus, a beauty bar whose slogan is “facials for the people,” opened its fourth location late last month and has plans for another already in the works.
L.A. metro area leads state in growth of women-owned firms over last decade
Women-owned business in the Los Angeles metro area led the state in growth.
RETAIL: Plan to “reimagine” retail center underway
Santa Monica’s Third Street Promenade examines whether to reinvent itself once again.
Ahead of the holiday shopping season, Santa Monica-based Happy Returns is expanding its return services via 125 Paper Source stores nationwide.
The El Paseo shopping center in South Gate is the latest retail outfit to offer experiential services to its patronage by signing a 10-year lease with Hapik, an indoor climbing park.
Downtown-based company adds local grocers on heels of debut in NorCal, Oregon
Avocado sauce maker Kumana Foods expands into supermarkets.
What all the time, money meant for Hotel Figueroa
So what took downtown’s Hotel Figueroa so long to re-open?
RETAIL: Fast-fashion specialist moves to bolster website, mobile app
Forever 21 debuts new visual search feature to boost online sales.
Online customers of fast-fashion retail chain Forever 21 will soon be able to shop for items using a new visual search function.
Building listed for $300 million
Brooks Brothers is permanently closing its store at 468 N. Rodeo Drive in Beverly Hills on Aug. 27.