Content about The Los Angeles Times

March 22, 2013

In another sign that British retail giant Tesco is reconsidering its U.S. Fresh & Easy division, the company sent an email sent to shoppers in which it acknowledged that the grocer doesn't know "if Tesco will continue to own the company," the Los Angeles Times reported.

New York -- In another sign that British retail giant Tesco is reconsidering its U.S. Fresh & Easy division, the company sent an email sent to shoppers in which it acknowledged that the grocer doesn't know "if Tesco will continue to own the company," the Los Angeles Times reported.
 
Fresh & Easy spokesman Brendan Wonnacott said that Tesco is still reviewing its American chain, and will make an update in April as part of the company's full-year results, the report said.

February 13, 2013

Apple Inc. will shut down 20 stores and move them to new, larger locations, according to the Los Angeles Times.

New York -- Apple Inc. will shut down 20 stores and move them to new, larger locations, according to the Los Angeles Times.

Tim Cook, CEO of Apple, said that the company is looking to relocate the stores in order to make them larger.

The company also will open 30 additional stores at new locations, mostly outside the United States, including its first location in Turkey.

 

January 11, 2013

Two armed men invaded a Nordstrom Rack in Los Angeles on Thursday night and took 14 employees captive, sexually assaulting one, injuring three others and locking the detainees in a storage room for hours, the Los Angeles Times reported.

New York -- Two armed men invaded a Nordstrom Rack in Los Angeles on Thursday night and took 14 employees captive, sexually assaulting one, injuring three others and locking the detainees in a storage room for hours, the Los Angeles Times reported.

The hours-long hostage drama ended early Friday with a police SWAT team surging into the shop and rescuing 14 workers. The armed men escaped.

January 4, 2012

The owners of the Panda Express fast-food chain, Andrew and Peggy Cherng, have partnered with Procter & Gamble, whose products include Tide laundry detergent, to open a dry cleaning chain, Panda Dry Cleaning, according to the Los Angeles Times.

New York City -- The owners of the Panda Express fast-food chain, Andrew and Peggy Cherng, have partnered with Procter & Gamble, whose products include Tide laundry detergent, to open a dry cleaning chain, Panda Dry Cleaning, according to the Los Angeles Times.

The new concept made its debut under the Tide Dry Cleaners banner in Henderson, Nev., and as many as 200 franchised locations nationwide are planned for the next five years.

December 8, 2011

Forever 21 signed an agreement to open a flagship in Beijing, China, one part of a plan by the fast-fashion retailer to expand into the world’s largest emerging consumer market, according to the Los Angeles Times.

New York City -- Forever 21 signed an agreement Tuesday to open a flagship in Beijing, China, one part of a plan by the fast-fashion retailer to expand into the world’s largest emerging consumer market, according to the Los Angeles Times.

The Los Angeles-based chain will open a 24,000-sq-.ft. store in a multi-story mall located in Beijing’s central shopping district, Wangfujing, with additional stores set to open in Shanghai and Hong Kong, the report said.

June 27, 2011

Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times.

New York City -- Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times. The chain’s new stores will be in the 36,000-sq.-ft. range, down from its current 45,000-sq.-ft. model.

"We can reduce our overall square footage while actually increasing our presence," Best Buy CEO Brian Dunn said at the company's annual shareholders meeting this week. "It's an opportunity to capture cost savings and get ourselves 'right size.'"

June 27, 2011

Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times.

New York City -- Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times. The chain’s new stores will be in the 36,000-sq.-ft. range, down from its current 45,000-sq.-ft. model.

"We can reduce our overall square footage while actually increasing our presence," Best Buy CEO Brian Dunn said at the company's annual shareholders meeting this week. "It's an opportunity to capture cost savings and get ourselves 'right size.'"

June 10, 2011

The Walt Disney Co. will open its first-ever Disney Baby store next year at the Americana in Glendale, Calif., the Los Angeles Times reported.

New York City -- The Walt Disney Co. will open its first-ever Disney Baby store next year at the Americana in Glendale, Calif., the Los Angeles Times reported.

The company plans to open Disney Baby locations -- one on each coast -- to display the best of its new infant line, according to the report.

The stores will give Disney executives the opportunity to interact with the parents of newborns and refine product offerings that span infant apparel, nursery items and bath products.
 

May 25, 2011

Gap Inc. plans to Athleta stores at the Grove shopping center in Los Angeles and at Fashion Island mall in Newport Beach, Calif., this fall, according to the Los Angeles Times.

New York — Gap Inc. plans to Athleta stores at the Grove shopping center in Los Angeles and at Fashion Island mall in Newport Beach, Calif., this fall, according to the Los Angeles Times.

Gap bought Athleta, which sells sells women’s clothing for such sports as yoga, running and swimming, along with shoes and other fitness accessories, in 2008. At the time, Athleta just an online and catalog business. The brand opened its first two retail stores in the last year, both in Northern California.

February 7, 2011

A report Friday by the Los Angeles Times said that Target Corp. will pay the state of California $22.5 million to settle claims that the retailer improperly disposed of waste.

Oakland, Calif. -- A report Friday by the Los Angeles Times said that Target Corp. will pay the state of California $22.5 million to settle claims that the retailer improperly disposed of waste.

November 4, 2010

Target Corp. will open a store in downtown Los Angeles, at the 7+Fig shopping center, which has been without an anchor tenant since Macy's left early last year, the Los Angeles Times reported.

New York City -- Target Corp. will open a store in downtown Los Angeles, at the 7+Fig shopping center, which has been without an anchor tenant since Macy's left early last year, the Los Angeles Times reported.

Expected to open in 2012, the store will be located in a combined space on one floor formerly occupied by Macy's and Bullock's department stores. It will carry a different merchandise mix, with a heavy emphasis on food and household basics, according to the newspaper.

November 3, 2010

Target Corp. will open a store in downtown Los Angeles, at the 7+Fig shopping center,...

October 5, 2008

Fast-fashion retailer Forever 21 Inc. submitted a bid to acquire approximately 150 Mervyns stores for...

June 30, 2008

I hadn’t thought much about all the ink given to American baby-boomer and millennial...

June 25, 2008

Ralphs Grocery Co. is initiating a lower-price policy that involves reductions on goods that customers...

March 4, 2008

Safeway Inc. CEO Steve Burd said he might sell or “monetize” part of its Blackhawk...