Three senior executives of Culver City-based MedMen Enterprises Inc. have departed in recent weeks amid the backdrop of nearly 100 employees who have left the cannabis retailer since January, according to filings.
An economic impact report released by the Los Angeles Tourism & Convention Board on May 7 found that the 50 million tourists who visited the L.A. region spent $23.9 billion, helping to generated $36.6 billion in total economic impact. Tourist spending was up 5% over last year. Nearly a third of those dollars were spent on hotel and accommodations.
Santa Monica-based Happy Returns Inc., announced April 25 an $11 million investment from PayPal Holdings Inc. that it will use to reach deeper into U.S. markets and expand its return services to international customers.
Investment firm Apollo Global Management will acquire Commerce-based Smart & Final Stores for more than $1.1 billion.
Los Angeles airport officials on April 4 unveiled preliminary plans for two new passenger terminals at Los Angeles International Airport.
In the space of three days at the end of March and early April, four nonstop flights were resumed or added at Los Angeles International Airport, according to announcements from various airlines.
February passenger traffic at Los Angeles International Airport eked out a slight gain of 22,000, or 0.4 percent, from January to reach 6.07 million and is up 0.8 percent on the year to 12.83 million, according to figures released by the airport’s governing authority on March 27.
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.
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.
Los Angeles International Airport surpassed Tokyo’s major airport to move up a notch to the No. 4 spot on the list of the world’s busiest airports as ranked by 2018 passenger traffic, according to a report released March 13.
Spirit Airlines will begin service in June between Hollywood Burbank Airport and McCarran International Airport in Las Vegas.
Home décor retailer Z Gallerie filed for Chapter 11 bankruptcy protection and plans to close 17 stores as part of its restructuring.
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.
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.
LA airports – and the airlines that serve them – see flights tick up in 2018
L.A.-area airports see record number of passengers.