By Deborah Belgum | July 6, 2017
Retail sales are inching forward this year with a strong nudge by online purchases fueled by millennials who prefer shopping on their smartphones and computers.
By 2022, California will be the state with the highest minimum wage in the country, making it an expensive place to do business.
UCLA Anderson Forecast predicts that the U.S. economy will grow moderately in 2016 and 2017.
Republic Business Credit announced it has hired Fred Gaylord as senior vice president of sales and marketing.
In the whirlwind of election-year debates, some politicians have been taking a protectionist attitude and threatening to raise U.S. tariffs and erect trade barriers.
The man who oversaw a scheme to embezzle $8 million from a commercial laundry house owned by Citizens of Humanity pleaded guilty to federal charges, according to the U.S. Attorney’s office.
The latest LAEDC economic forecast calls for continued growth in California and the rest of the country.
The global economy started out this year with a whimper, not a bang.
New York–based Express Trade Capital Inc. now has a West Coast office, which is headed by Dina Davletshina.
Just days after American Apparel was cleared to exit bankruptcy, the troubled Los Angeles clothing maker filed its third-quarter earnings results showing the company is bleeding money.
Dov Charney Responds to the Bankruptcy Court Decision
Boston Proper, the multichannel retailer owned by Chico’s FAS Inc., has been acquired by Los Angeles–based private-equity investment Brentwood Associates for an undisclosed amount.
The results are in. Holiday sales are up 3 percent over last year.
Finance One opened its first international branch last fall in Shanghai after a five-year process to secure new business partners in China and ensure that the Los Angeles–based factor has done its due diligence regarding international laws and regulations for overseas trade and financing.
Financial gurus and pundits agree that 2016 will probably be an economic twin of 2015. There will be slow but steady growth and unemployment will remain low.
CIT Group Inc., a provider of commercial lending and leasing services, announced that Marc Heller will be the new president of CIT Commercial Services, a major factor in the apparel industry.