Orange County Business Journal


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

OC Ice Cream LLC plans 10 locations of Millbrae, Calif.-based Cream Inc. in Orange County in the next three to four years, Cream said.

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Volcom CFO Jumps to 5.11 Tactical

5.11 Tactical, Irvine-based gear and clothing manufacturer, nabbed a new chief financial officer from Costa Mesa-based Volcom Inc.

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Hyundai Introduces Concept Truck

Hyundai Motor America Inc. revealed a crossover truck concept car Monday at the North American International Auto Show in Detroit.

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BBQ Chain Expands in OC

Dickey’s Barbecue Pit said it plans to have 10 locations in Orange County within about six months, as current operators seek to lease space and new franchise agreements are added in key cities.

OC Tech on Target; Sage Hill’s Science Scholar; Early Picks

Anyone who doubts that science and technology are all over the place—or that Orange County is all over tech—can check our Chris Casacchia’s front-page piece on the CES show in Las Vegas.

Wet Seal Closes Two-Thirds of Stores

Wet Seal Inc. said it is closing 338 stores and will lay off 3,695 full- and part-time employees “after assessing its overall financial condition” and failing to “successfully negotiate meaningful concessions from its landlords.”

Habit Chain Signs First Overseas Deal

Irvine-based Habit Restaurants Inc. signed its first international expansion deal, an agreement with an area franchiser in the Middle East to develop 50 restaurants in six countries over the next 10 years.

Irvine Hotel Seeks Food Ideas for Chain

The Irvine Marriott will be one of the hotel chain’s first sites to cultivate food and beverage business ideas under a new program for chef-entrepreneurs by Bethesda, Md.-based Marriott International Inc.

KBS, LBA Sign $248M Deal for Emeryville Offices

Three-Building Campus Last Sold for Reported $130M

LBA Realty and KBS Realty Advisors, two of Orange County’s most active commercial property investors through much of 2014, wrapped up the year with a blockbuster transaction in Northern California.

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Wet Seal Exploring Bankruptcy

Wet Seal Inc. has hired restructuring lawyers and may file for bankruptcy as early as next week, sources familiar with the matter told the Wall Street Journal.

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Incipio Gets $55M Financing

Irvine-based mobile device accessories maker Incipio Technologies Inc. secured $55 million in financing from Monroe Capital LLC.

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Wienerschnitzel Parent Shutters Fast Casual Restaurant

Irvine-based Galardi Group Inc. closed its Two Madres Mexican Kitchen restaurant in Mission Viejo and ended its foray into fast-casual Mexican-style food, according to a news report.

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Hissin to Sapphire Culinary

Sapphire Culinary Group in Laguna Beach named Dieter Hissin its director of operations, a new position, the company said.

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Habit Plans Middle East Expansion

Irvine-based Habit Restaurants Inc. said it signed its first international expansion deal, an agreement with an area franchisor in the Middle East to develop 50 restaurants in six countries over the next 10 years.