APPAREL / RETAIL
Recent and archived news stories on: Action Sports, Autos, Clothing, Cosmetics, Malls, Online Shopping, Stores/Retailers, Surf/Sportswear...
Stock Sale for Tilly’s Founders Comes Amid Growth
APPAREL: About $117M offering; sales, stores upIrvine-based Tilly’s Inc.’s co-founders are picking an opportune time to cash out a sizeable portion of their holdings in the youth fashion and footwear chain.Chipotle Adds Legal, Development Execs
Chipotle Mexican Grill Inc. (NYSE: CMG) in Newport Beach named Roger Theodoredis chief legal officer and Tabassum Zalotrawala chief development officer.
Buena Park Food Maker Sold
Buena Park-based Simply Fresh Foods was sold to Lakeview Farms LLC in Delphos, Ohio.
Taco Bell Gets 2nd Down Under Franchiser
Taco Bell Corp. of Irvine signed its second franchiser for Australia and New Zealand, more than doubling the number of units it plans in the two countries to 110.
Grippo’s New Berth: Bellwether, Dana Point
Bellwether Financial Group in Newport Beach named Ralph Grippo a principal, the company said.
20 Habits to Greater Chicago
Habit Restaurants Inc. (Nasdaq: HABT) said a new franchisee to its system, Bloomfield, Mich.-based Tremendous Brands Group LLC, will open 20 locations in Illinois and Indiana, with the first to come by mid-2019.
November Auto Sales Mixed
OC’s automakers reported mixed sales results in November.
Fresh Marketing for El Pollo Loco
Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Hector Muñoz chief marketing officer ahead of an expected spring 2019 relaunch of the brand.
Taco Bell Bangkok in Early 2019
Taco Bell’s Thailand franchisee plans to open its first location in Bangkok by early next year, local news reports said.
AutoWeb Q3 Revenue Down, Stock Slides
AutoWeb Inc. (Nasdaq: AUTO), an Irvine-based marketing firm for automakers and dealers, reported a third quarter loss of $18 million, or $1.41 per share, compared to net income of $69,000 a year ago.
Habit Names Marriott Creative Exec to Board
Habit Restaurants Inc. (Nasdaq: HABT) in Irvine added Karin Timpone to its board of directors, which now has eight members.
El Pollo Loco 3Q Sales, Profit Rise
El Pollo Loco Holdings Inc. (Nasdaq: LOCO) in Costa Mesa reported third quarter net income of $6.8 million on revenue of $106.7 million, compared with a loss of $4 million on revenue of $101.2 million in the same period a year ago.
October Auto Sales Mixed
Sales by OC automakers were mixed in October with three of the five local companies reporting an increase.
Taco Bell Strong; Yum Mixed
Irvine-based Taco Bell Corp. sales rose 8% to $2.6 billion in its most recent quarter, making it the top-performing chain in Louisville-based parent company Yum Brands Inc. (Nasdaq: YUM) portfolio for the period.
Duck, Duck Donuts
Two down, three to go: Duck Donuts plans five locations in Orange County; two are open, in Huntington Beach and Irvine, the latter at Trade Food Hall.
Habit Revenue, Swings to Loss on Charge
Habit Restaurants Inc. (Nasdaq: HABT) in Irvine reported a $600,000 net loss, including a one-time charge, on revenue of about $105 million in its most recent quarter, compared with $400,000 in net income on revenue of $85 million, year-over-year.
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