Plunging demand hurts United Pacific, others
The stay-at-home orders imposed to combat the Covid-19 pandemic have cut demand in half at local gas stations, even as the average price for a gallon in Los Angeles County dips to $3.32.
El Segundo-based toy manufacturer Mattel Inc. rolled out a website with free games, activities and content to help children who are staying home during the pandemic.
Drop is expected to worsen in March and April
Passenger traffic at Los Angeles International Airport fell nearly 4% in February with international traffic plunging almost 10% as the first impact of the coronavirus pandemic was felt.
Denim-maker’s market cap has plunged 50% since start of pandemic
Guess and other Los Angeles-area retailers are absorbing heavy blows and scrambling to adjust as a result of the pandemic.
Southwest Airlines Co. on March 12 announced it will add two weekday flights at Long Beach Airport this summer, one to Oakland and the other to San Jose.
Retailer joins global denim initiative
Guess Inc. has joined a consortium of brands putting a priority on denim’s ecological footprint.
Trader Joe’s founder made his mark on the industry, shoppers
Trader Joe’s Co. founder Joe Coulombe, who died Feb. 28 at age 89, had eye for winning products and a passion for customer service that set the company he founded apart from other grocery chains.
Company targets ambitious revenue goal for 2020
Beyond Meat Inc., the maker of plant-sourced protein substitutes, is aiming for the $500 million revenue milestone in 2020.
Longtime apparel exec aims for women with larger sizes
Helena Kaylin’s proof of concept appears to be working ― less than a month after she launched Mindd Bra Co., six of the 12 bra styles on her website have sold out.
Additional work boosts contract for Swinerton
Swinerton Inc.’s design-build contract for the second phase of terminal improvements at Long Beach Airport just got a whole lot bigger.
Retail Therapy Takes on a New Meaning at LA’s Favorite Gift Shop
MaeMae Jewelry, a female-founded Los-Angeles company, was created with that simple mission at heart, helping people love and accept themselves — and their feelings.
Ecommerce fashion company anticipates modest revenue for 2020
Revolve Group Inc. delivered a 21% increase in annual revenue and a 16% jump in net income for 2019, but its stock took a 23% dive the day after reporting year-end and quarterly results.
Top toymaker expects modest gains
Mattel Inc. managed to maintain revenue at $4.5 billion last year, and its guidance for 2020 calls for a modest full-year revenue growth of 1% to 2.5%, but Wall Street appears skeptical.
Company will provide flights and scheduling
Santa Monica general aviation airline Surf Air Inc. announced it has acquired San Francisco-based online aviation marketplace BlackBird Air Inc.
Bavarian-themed property will lay off 35 employees
An upcoming landmark designation will ensure the walls at Alpine Village remain intact, but there’s no guarantee the lights will stay on.