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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Carl’s Jr. Parent to Nashville

CKE Restaurants Inc.— based in Carpinteria, Calif., near Santa Barbara, but with a sizable presence in Anaheim, where it has its roots—is moving its headquarters to Nashville.

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Taylor-Dunn Acquired

Minneapolis-based Polaris Industries Inc. acquired Taylor-Dunn Manufacturing Co. in Anaheim on undisclosed terms.

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Orange Outlets to Grow

The Outlets at Orange said it will begin construction on 60,000 square feet of retail space this month.

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PacSun Hires Restructuring Specialist

Pacific Sunwear of California Inc. has hired Washington, D.C.-based restructuring firm FTI Consulting Inc. and investment bank Guggenheim Securities in New York to deal with $160 million in debt payable at the end of this year, according to The Wall Street Journal.

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Habit Falls on Weak Guidance

Irvine-based Habit Restaurants Inc. shares fell about 10% to a market cap of $508 million in heavy trading after the fast causal burger chain issued lower than expected guidance for this year.

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Kia Leads OC Auto Brands

Only one of four Orange County-based automakers exceeded the national sales pace for new vehicles in February, according to New Jersey-based market researcher Autodata Corp.

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Kawasaki USA Chief to Retire

Kawasaki Motors Corp. U.S.A President Masafumi Nakagawa plans to retire in April.

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Billabong Posts Narrow Loss

The parent of Irvine-based action sports apparel maker and retailer Billabong USA saw global revenue of $400.63 million in the first half of its fiscal 2016, a 7.6% increase excluding the impact of exchange rates.

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Del Taco to Enter Pennsylvania

Lake Forest-based Del Taco Restaurants Inc. plans to enter a new market in 2018 with the first of six franchised stores in Pennsylvania.

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BJ’s Earns $11 Million in Quarter

Huntington Beach-based BJ’s Restaurants Inc. reported net income of about $11 million on revenue of $233 million for its quarter ended Dec. 31.

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Vans Revenue Up in Quarter, Year

Vans Inc. revenue was up 3% in the fourth quarter of 2015, according to its parent, Greenboro, N.C.-based VF Corp. The Cypress-based shoe and apparel division’s full-year sales totaled $2.2 billion, a 7% increase compared with 2014.

Hyundai Seeks New Connections to Consumers

AUTOS: Super Bowl image ad set stage for upcoming campaign

Fountain Valley-based Hyundai Motor America Inc.’s advertising splash during Super Bowl 50 was a setup for a new branding campaign that’s scheduled to be in full swing come spring.

Lenders Buy Laptop Accessories Maker

Anaheim-based Targus Group International Inc. was acquired by its lenders for an undisclosed amount in a foreclosure sale on Feb. 1.

Tourism Group Names Directors, Chair

Visit Anaheim named two new directors and a new board chairman.

CareTrust Ups Credit, Pays Off Debt, Buys Properties

Wants to Focus on Buys Pipeline Without Equity

San Clemente-based CareTrust REIT Inc. is keeping itself busy as February unfolds by reworking its credit, paying off debt and making deals.