June Caps Six Months of Higher Sales for Auto DealersLamborghini Newport Beach Expanding Again; Fashion Island Store Openings, ExpansionsLocal automakers saw an increase in sales for the first half of the year, with the biggest jump in June, in the Marketplace column REI Moving Store from Santa Ana to The Market PlaceSeattle-based Recreational Equipment Inc., which runs a chain of camping and outdoor sports stores, is moving a store from Santa Ana into expanded space at The Market Place in Tustin. Quiksilver Trades Shares for $140M in DebtHuntington Beach-based Quiksilver Inc. said Monday it completed an exchange of shares for $140 million in debt in a move that stands to bolster the clothing maker’s once crippling balance sheet. NEWS OF THE WEEKThis past week’s news from www.ocbj.com and other sourcesThis past week’s news from www.ocbj.com and other sources Wet Seal Sees Fourth Consecutive Drop in Same-Store SalesFoothill Ranch-based mall retailer Wet Seal Inc. reported a decline in July sales that was worse than analysts expected. Hyundai, Kia Lead On July SalesFountain Valley-based Hyundai Motor America and Irvine’s Kia Motors America Inc. again led local automakers with big gains in July sales as part of a larger industry rebound.
In-N-Out Heiress Takes on President RoleDINING: Martinez leads Texas expansion; age, gender stand outHeiress Lynsi Martinez has taken over as president of In-N-Out and is leading the expansion plans NEWS OF THE WEEKThis past week’s news from www.ocbj.com and other sourcesThis past week’s news from www.ocbj.com and other sources
Big Week: True Food Kitchen Opens; Summer Dinner SeriesRaya, Stonehill Tavern on Must-Taste List; Sapphire Chef Expands School Lunch ProgramTrue Food Kitchen opens this week at Fashion Island in Newport Beach, in the Executive Dining column Volcom Slumps on Profit Shortfall, Weak ForecastShares of Costa Mesa-based clothing maker Volcom Inc. slumped Friday, a day after the company reported disappointing second-quarter results and offered an outlook for the current one that fell short of what Wall Street had been expecting. CEO Leaving Retailer Wet SealEdmond Thomas, the chief executive who’s led an ongoing turnaround at Foothill Ranch-based Wet Seal Inc., is leaving the operator of mall clothing stores. Forever 21 Opening in Sears at South Coast PlazaSears Holdings Corp. said it's leasing 43,000 square feet of space at its South Coast Plaza store in Costa Mesa to Los Angeles-based Forever 21 Inc.
Tale of Two Markets For Retail PropertiesREAL ESTATE: Buyers pick up smaller shops; big malls struggleThe county’s retail market still is struggling, despite a handful of promising sales NEWS OF THE WEEKThis past week’s news from www.ocbj.com and other sourcesThis past week’s news from www.ocbj.com and other sources
Kelley Blue Book Sees Strong Sales for Small Used CarsRedesigned Disney Store To Open at Shops at Mission Viejo; Concours Honors Local ResidentsKelley Blue Book reports that the used car market is strong, especially for small cars, in the Marketplace column Previous Next |
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