Orange County Business Journal


Recent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...

Craig’s Crescendo

No Skimp in San Clemente: 325,000 SF, 350 Archways for Marblehead RetailSteven Craig will line up the bargains, but the look and feel of his Outlets at San Clemente Plaza will be anything but cheap.

By Mediha DiMartino July 20, 2015 midnight   $$ Share
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Tilly’s Shares Up

Shares in Tilly’s Inc. fell in after-hours trading Wednesday after missing Wall Street expectations but rose again by midday Thursday on higher net sales.

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San Clemente Software Maker in $55M Buy

DealerSocket Inc. in San Clemente said it will buy the Inventory+ suite of technology products from Lake Success, N.Y.-based Dealertrack Technologies Inc. for $55 million in cash.

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Hyundai, Kia Pick New Media Buyer

Hyundai Motor America Inc. in Fountain Valley said it will shift its media-buying business to Canvas Worldwide, effective Jan. 1.

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El Pollo Loco Down on Revenue Miss

Costa Mesa-based El Pollo Loco Holdings Inc. shares fell more than 18% in midday trading after the company reported quarterly revenue yesterday that was below analyst expectations.

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Swimwear Maker Takes New Name

Raj Manufacturing LLC in Tustin has rebranded itself as Raj Swim to better showcase the company’s culture.

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Habit to Enter Idaho

Irvine-based Habit Restaurants Inc. will debut in its seventh state with a restaurant opening this year in Meridian, Idaho, a news report said.

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Irvine Brewery Set to be Sold

Evans Brewing Co. Inc. in Santa Ana said in a regulatory filing it plans to buy Bayhawk Ales Inc. in Irvine and to exchange shares in Evans, one-for-one, for those in Bayhawk.

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Hyundai Unit Names Marketing Head

Hyundai Motor America Inc. in Fountain Valley named Dean Evans its vice president and chief marketing officer.

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Wet Seal Has New CEO

The Wet Seal LLC in Foothill Ranch named Melanie Cox its new chief executive.

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Autobytel Shares Up On Q2

Shares in Autobytel Inc. in Irvine rose in midday trading as the company surpassed Wall Street’s expectations on revenue for the second quarter of fiscal 2015 ended June 30.

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Del Taco Resets $164M Debt

Lake Forest-based Del Taco Restaurants Inc. refinanced $164 million in debt under a new five-year, $250 million credit facility, cutting its borrowing costs by 3 percentage points and its annual interest payments by $5.4 million.

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Juice, Food Chain Sets SoCal Growth

Scottsdale-based fast food and juice chain Grabbagreen said it signed an area developer agreement with Oceanside-based ConeHead Investments Inc. for 95 locations in Southern California, including 15 to 20 restaurants in Orange County.

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Habit Shares Down on Mixed Q2

Shares in Irvine-based Habit Restaurants Inc. fell about 7.5% in midday trading Thursday to a market cap of $750 million after a mixed quarterly report Wednesday.

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Boot Barn Misses on Earnings

Boot Barn Holdings Inc. on Tuesday after markets closed reported an increase in revenue but fell below Wall Street’s expectation on earnings for the June quarter.

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3 OC Automakers’ Sales Up in July

Three of the four Orange County-based automakers beat the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.