FINANCE
Los Angeles’ Major Shopping Destinations Welcome the Winter Holidays
By Dorothy Crouch, contributing writer | November 30, 2023
Many of Los Angeles’ most popular retail centers held events throughout November to mark the beginning of the 2023 holiday season...
Hollywood & Highland Complex Renamed Ovation Hollywood
California-based private-equity real-estate developer, owner and manager DJM has announced that the Hollywood & Highland retail complex has been renamed Ovation Hollywood.
NRF Big Show Affords Insight, Guidance
During its Jan. 16–18 run at the Javits Center in New York City, the NRF 2022 Retail’s Big Show was hosted under the theme of “Accelerate.” This 112th installment featured 190 sessions, more than 300 speakers and over 700 exhibitors, with an expanded Innovation Lab and Startup Zone, and three new pavilions.
Forever 21 Appoints Winnie Park New CEO
Forever 21 recently announced that Winnie Park has joined the fast-fashion brand as the new chief executive officer.
With Roots in Family and Community, Susan Lee Grows Wilder
In her Echo Park, Calif., shop, Wilder Los Angeles, Susan Lee celebrates community through selling vintage clothing within a welcoming space, yet the roots of her store reach into different facets of the entrepreneur’s life.
More Than 148 Million Americans Plan to Shop Super Saturday
An annual survey from the National Retail Federation and Proper Insights & Analytics revealed that more than 148 million consumers plan to shop on Super Saturday, the last Saturday before Christmas.
Marque Luxury Opens Re-commerce Hub in Houston
Marque Luxury has announced the opening of its newest Re-commerce Hub in Houston designed to cater to the needs of current and future wholesale partners in the region.
Labor Shortages Continue Through the Holiday Season
Retailers, restaurants, warehouses and other businesses are still in the midst of experiencing labor shortages that have affected many industries throughout much of the year. While 2021 has yielded a record-breaking holiday-shopping season, many businesses have continued to face staffing problems despite this time period usually ushering in increased hires.
Lids Opens First European Stores
Leading sports retailer Lids has expanded its brick-and-mortar retail footprint by opening its first set of standalone stores in Europe.
Newsmakers 2021: Retailers Bounce Back Post-COVID
Despite the pandemic ravaging many businesses and forcing closures, retailers are beginning to bounce back and thrive in the post-COVID-19 climate.
Black Friday Attracts Consumers Who Embrace In-Store Shopping
The 2021 holiday shopping season was predicted to break all sorts of sales records, with both online and in-store sales expected to increase significantly.
Holiday Retail Sales Predicted to be Highest Ever Recorded
Despite congestion at major ports and labor shortages around the country, holiday spending is expected to shatter previous records according to the National Retail Federation.
Following Redevelopment, Manhattan Village Brings in gorjana as New Tenant
As the elevated, predominantly open-air, mixed-use Manhattan Village, located in Manhattan Beach, Calif., continues to welcome new tenants following its $250 million redevelopment, Southern California jewelry brand gorjana announced its grand opening at the center.
PacSun Partners With BitPay to Accept Cryptocurrencies
Recently,Anaheim, Calif.–based PacSun announced a partnership with leading blockchain payment provider BitPay that will allow the Southern California–lifestyle brand’s customers to pay for their purchases with cryptocurrency.
DUER Opens Its Second U.S. Store
Vancouver-based performance-apparel brand DUER has opened its second U.S. bricks-and-mortar location and chose Los Angeles as the site.
Tailored Brands Announces New Chief Technology Officer
Menswear-retail holding company Tailored Brands, Inc.,headquartered in Houston and Fremont, Calif., and includes in its portfolio Men’s Wearhouse, Jos. A. Bank, Moores Clothing and K&G Fashion Superstore, has announced Scott Vifquain as its new executive vice president and chief technology officer.
