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DJM Recapitalizes Lido Marina Village, Updates Center’s Looks, Stores

By Andrew Asch | April 15, 2021

DJM, a lifestyle-retail-center developer with offices in Los Angeles and San Jose, Calif., recently announced a $70 million recapitalization of its Lido Marina Village retail center in Newport Beach, Calif.

UCLA Anderson School Forecasts Economic Growth by Q2 2021

UCLA Anderson School Forecasts Economic Growth by Q2 2021

A good economy is on the horizon for the United States, but it’s going to take a long slog to get there, according to the “UCLA Anderson Forecast.”

Year in Review: Retail Tested By Pandemic and Civil Unrest in 2020

Year in Review: Retail Tested By Pandemic and Civil Unrest in 2020

At the beginning of the year, it was predicted that the COVID-19 pandemic and United States politics were going to have an effect on retail in 2020, but there was no sense that it was going be a big shake-up.

Digital Commerce Grows in a Black Friday Marked by Change

Digital Commerce Grows in a Black Friday Marked by Change

The official holiday-shopping season began the day after Thanksgiving with Black Friday on Nov. 27 and continued into Cyber Monday on Nov. 30, with e-commerce experiencing strong gains as retailers and consumers continue to experience challenges.

Promenade 2035 to Offer More Retail in Woodland Hills

Promenade 2035 to Offer More Retail in Woodland Hills

A unanimous Los Angeles City Council vote recently gave a green light for final plans of Promenade 2035, a more-than-$1-billion mixed-use project that is scheduled to be constructed on the site of the now-shuttered Promenade retail center in Los Angeles’ Woodland Hills neighborhood.

Will the COVID Surge Affect Black Friday?

COVID-19 cases have surged in Los Angeles County, putting the area’s residents and businesses on edge just before Black Friday, the traditional start of the holiday-shopping season.

Holiday Sales Forecast Strong, According to NRF

Holiday Sales Forecast Strong, According to NRF

Holiday retail sales will increase between 3.6 percent and 5.2 percent, to between $755.3 billion and $766.7 billion compared to the 2019 holiday season, according to a forecast released Nov. 23 by the National Retail Federation trade group.

Planet Blue to Close Its Bricks-and-Mortar

Planet Blue to Close Its Bricks-and-Mortar

Since 1995, Planet Blue has sold swimwear and contemporary, beach-inspired styles with a bohemian edge for women at its bricks-and-mortar stores and on its digital channel, shopplanetblue.com. Earlier this month, the shop announced through email and its social-media channels that it would be closing its 12 physical shops while maintaining an e-commerce presence.

NuOrder Survey Finds Brands Committed to Wholesale

NuOrder Survey Finds Brands Committed to Wholesale

Produced by NuOrder, a Los Angeles–headquartered wholesale e-commerce platform, the recently released “Future of Wholesale” survey reported that wholesale will continue to be an important market, said Adam Schneider, NuOrder’s chief operations and financial officer.

Despite Challenges, October Retail Sales Increase

Despite Challenges, October Retail Sales Increase

With good news from the retail front regarding October sales numbers, economists are optimistic that consumers, who have been actively shopping—such as those pictured at Commerce, Calif.’s Citadel Outlets—and spending, will continue this momentum throughout holiday 2020.

NRF, AAFA, RILA Trade Groups Issue Statements About the Election

NRF, AAFA, RILA Trade Groups Issue Statements About the Election

National trade groups representing retailers and apparel manufacturers sent congratulations and pledges to work with the incoming Biden-Harris administration shortly after last week’s election in the United States.

Broadway Trade Center, a Major DTLA Project, for Sale

Broadway Trade Center, a Major DTLA Project, for Sale

The Broadway Trade Center was one of the most ambitious projects for revitalizing downtown Los Angeles and bringing high-end retail to a once-blighted urban center. But after COVID-19 and civil unrest, the project has been put up for sale.

Solid Holiday Sales Forecasted by NRF and Deloitte

Solid Holiday Sales Forecasted by NRF and Deloitte

2020 has been a year like none other in recent memory, but despite the big issues of a divisive election and an economic slowdown driven by a pandemic, economic forecasters working with the National Retail Federation and Deloitte are predicting solid business during the 2020 holiday season.

Calzedonia Group Expands West in U.S.

Calzedonia Group Expands West in U.S.

During its expansion throughout the western United States, Italy’s Calzedonia Group recently opened storefronts shared with its Intimissimi brand.

Susan Merrill Named President of NPD’s U.S. Apparel Division

Susan Merrill Named President of NPD’s U.S. Apparel Division

Susan Merrill, a vice president of business and client development for prominent market-research company The NPD Group, was named president of the group’s United States apparel practice, according to Joanne Sackett, president of The NPD Group’s soft-lines sector in an Oct. 27 announcement.

True Religion Out of Bankruptcy

True Religion Out of Bankruptcy

The True Religion brand emerged from a Chapter 11 bankruptcy on October 19, according to a statement from Michael Buckley, the company's chief executive officer.