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New Los Angeles Retail District to Be Unveiled Near the Ocean

By Andrew Asch | September 13, 2018

When Caruso, a well-known Los Angeles developer, unveils Palisades Village in a week, it will answer the question about whether the high-flying company behind the game-changing The Grove shopping mecca still has its magic touch.

Macerich and Simon Join Forces to Develop an LA Outlet Mall

Two major shopping-center developers are getting together to construct a big outlet mall that will be located south of Los Angeles and not far from the new Los Angeles Rams and Los Angeles Chargers football stadium.

August Sales Strong

August Sales Strong

RETAIL HEALTH: After many retail chains crashed and burned, retail business is starting to improve. Retail sales for August, which includes the Back-to-School Season, were just released.

How Three Sisters Launched a Multimillion-Dollar Business With Very Little Money

How Three Sisters Launched a Multimillion-Dollar Business With Very Little Money

When the Kaviani sisters started their online clothing company from their parents’ home six years ago, they never imagined that their $7,500 investment would mushroom into a multimillion-dollar enterprise selling mostly simple knit basics that have been seen on celebrities including Lady Gaga, Jennifer Lopez, Khloe Kardashian and her sister Kylie Jenner.

Major Executive Departures at Parent Company of Men’s Wearhouse

Tailored Brands Inc., the Fremont, Calif., parent company of several menswear-store chains, said its chief executive as well as its president and chief operating officer are leaving.

Guess Stores in the U.S. Make Major Improvements During the Second Quarter of Fiscal 2019

Victor Herrero, a Spaniard who had worked for Inditex for more than a decade, came on board three years ago as the new chief executive of Guess? Inc. to turn things around.

Macy’s Rolling Out Pop-Up Shops Around California

Macy’s is getting into the pop-up shop business. Emerging and new brands are encouraged to pitch the department-store chain to display their merchandise in this new venture.

Old Navy Boosts Gap Inc.’s Second-Quarter Earnings Results

Same-store sales for Gap Inc.’ssecond quarter of 2018 increased 2 percent compared with the same period in 2017, said Art Peck, Gap Inc.’s president and chief executive officer.

National Retail Federation Boosts 2018 Forecast

The National Retail Federation revised its 2018 economic forecast, saying retail sales are expected to increase by at least 4.5 percent this year compared with 2017 after an earlier forecast saying retail sales would increase 3.8 percent to 4.4 percent, said Jack Kleinhenz, the NRF’s chief economist.

Irvine Spectrum Unveils Its Big Expansion Project

The Irvine Spectrum shopping center just got bigger.

What's Checking: Celebrating the Difference in Silver Lake

What's Checking: Celebrating the Difference in Silver Lake

When a lease ran out on a boutique run by Deborah Brosenne, she didn’t want to move out of the Silver Lake/Echo Park neighborhood. So she grabbed a chance to open a store in the area, moving to Sunset Junction by the intersection of Sunset and Santa Monica boulevards in Silver Lake.

July Retail Sales Up

The back-to-school season started on a robust note in July and beat analysts’ forecasts, according to market research company Retail Metrics.

Macerich Partnering With Co-Work Offices for its Malls

Co-working office spaces are familiar sights in the downtown areas of almost any big city. Soon these shared office spaces will be at Macerich-owned malls.

Ron Herman's Next Step Is More Japan

Ron Herman has spent his career introducing some of the world’s most famous denim brands from his self-named Ron Herman store, which for decades has been a pioneer in the Los Angeles boutique business.

Parent Company of Fallas Paredes and Factory 2-U Files for Bankruptcy Protection

Parent Company of Fallas Paredes and Factory 2-U Files for Bankruptcy Protection

Bankruptcy filing for parent company of Fallas Paredes, Factory 2-U and Anna's Linens