APPAREL / RETAILRecent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...
Irvine-based Yogurtland Franchising Inc. said a new franchisee in Thailand plans to open 15 stores there.
Shares of Wet Seal Inc. sank more than 65% to 9 cents and a market value of $8 million in midday trading, after the teen and contemporary retail chain said it might “seek a restructuring or other relief under the provisions of the U.S. Bankruptcy Code” if it can't address its immediate liquidity needs.
Hyundai Motor America Inc. in Fountain Valley will recall 42, 925 vehicles with faulty brake lights, according to the National Highway Traffic Safety Administration.
Aliso Viejo-based Johnny Rockets Group Inc. said it and franchisees would save about $450,000 a year systemwide with new back-office operations software the retro burger chain developed in-house for $25,000.
HOSPITALITY: New amenities, look for lobby, all 536 rooms
A yearlong renovation has Hotel Irvine ready for its interior close-up—with makeovers of meeting spaces and outdoor amenities scheduled for completion in January.
Irvine-based Taco Bell Corp. plans to add 1,300 restaurants with an aim of adding $2 billion in sales overseas by 2023, according to a report in Nation’s Restaurant News.
Shares of Tilly’s Inc. were up 21% to $8.56 and a market value of $240.3 million in midday trading, following better-than-expected financial results for the third quarter reported after markets closed yesterday.
Pacific Sunwear of California Inc. beat analysts’ expectations for the third quarter, sending its stock up about 8% to $1.83 and a market value of about $126.7 million in midday trading Thursday.
Three of the four Orange County-based automakers trailed the pace of sales of new vehicles nationally in November, according to New Jersey-based market researcher Autodata Corp.
Newport Beach-based restaurant chain Roy’s is set to be sold on undisclosed terms by parent company Bloomin’ Brands, according to a report in Nation’s Restaurant News.
Thanksgiving is in the books and you can see the year-end holidays from here.
RETAIL: 32 biggest combine for $7.3 billion
Taxable sales at the top 32 shopping centers in Orange County grew for the fifth straight year, but at a slower pace, according to this week’s Business Journal list.
DeNaults Built Business Along With Family In Their Chain
Ruth DeNault and her late husband Jim made sure their children got involved in the family business by starting them off early.
High Marks for Del Frisco; Jägerhaus Back on Radar
Del Frisco’s Grille opened recently at Irvine Spectrum.
Fletcher Jones No. 1 Again; Several Dealerships Sold
Orange County’s car culture continues to keep pace with the revved-up national market.