TOURISM & LEISURE
Recent and archived news stories on: hospitality, retail, restaurants, style, travel, sports
Kellogg Garden Products Focuses Growth Plan on Organic Soil
Kathy Kellogg Johnson has put aside most of her Fridays to write a book about Kellogg’s Supply Inc., doing business as Kellogg Garden Products, a Carson-based garden soil company her grandfather started nearly 100 years ago.
Sweetgreen IPO Shows Company on Track to Double in Size Within 5 Years
Sweetgreen Inc.’s initial public offering may value the company at about $2.7 billion should the price per share target of $23 to $25 hold.
Public Storage Acquires All Storage Portfolio for $1.5 Billion
Glendale-based Public Storage has acquired All Storage’s portfolio for $1.5 billion. Public Storage announced the acquisition Nov. 1.
FAT Brands Acquires Fazoli’s System Management in $130M Deal
FAT Brands Inc.’s got another one — the Beverly Hills-based company picked up Fazoli’s System Management in Kentucky for $130 million from Sentinel Capital Partners, FAT Brands’ fourth acquisition in the past 12 months.
Ikea to Open Two LA-Area Retail Planning Studios for Home, Office Furniture
Ikea has plans to open two new planning studios in the spring, one in Long Beach and one in a central location that is being finalized.
September Passenger Traffic at LA-Area Airports Fell 13%
Air travel at local airports continued to slide in September with passenger counts down 13% from August as the summer travel season ended and the Delta variant continued to spread.
Skechers Reports Record-Breaking Sales, $1.6B Revenue in Third Quarter
Skechers USA Inc.’s third-quarter sales — although record-breaking — might have been even better if some of its merchandise wasn’t stuck on container ships.
Alliance Environmental Group to Reorganize Its Indoor Air Services
Alliance Environmental Group in Azusa is reshaping its portfolio of services.
AAA Flag & Banner Manufacturing Launches Division Focused on Custom Visual Experiences
AAA Flag & Banner Manufacturing, a Mid-City-based maker of signs installed at major sporting and entertainment events, has consolidated its experiential and digital services into a new division — A3 Visual.
LA County Shoppers Plan to Spend 63% More This Holiday Season
It might be a stretch to say this holiday season will be cheery and bright for local retailers, but things are looking up.
Office Furniture Supplier Aims for Record Year Despite Shipping Delays
Dannine Sheridan is among the many people watching cargo ships idling at the entrance of the port complex these days and wondering which one is carrying that order placed so many weeks ago.
Largest West Coast Vinyl Distributor Hard-Pressed to Meet Demand
Once the relic of a bygone era, vinyl records have made a roaring comeback.
Navitas Semiconductor Goes Public With $1.7B Valuation
Seven years after co-founding Navitas Semiconductor Inc., Chief Executive Gene Sheridan got to ring the Nasdaq opening bell on Oct. 20 in New York City.
Mattel Posts $1.8B Revenue in Third Quarter
Mattel Inc.’s shares were up 5% in after-hours trading on Oct. 21 after the El Segundo-based toy manufacturer surpassed Wall Street expectations with $1.76 billion in revenue for the third quarter of 2021 — an increase of 8% from the same period a year ago and a 19% uptick from 2019.
LA's Pumpkin Patches Scare Up New Business
It would scarcely be Halloween without glowing jack-o’-lanterns and decorative munchkin pumpkins on display, and every year, an array of Los Angeles businesses engineer festive pumpkin patches where families come to buy a pumpkin and kick off the holiday season.
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