APPAREL / RETAIL

Orange Coast Auto Group Buys South Coast Acura

Costa Mesa-based Orange Coast Auto Group acquired South Coast Acura in Costa Mesa for an undisclosed sum on Thursday.

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Lazy Dog Adds Georgia

Lazy Dog Restaurant & Bar will open a location in Georgia next spring, a new market for the Huntington Beach-based casual dining chain.

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July Auto Sales Down

OC-based automakers faced some headwinds this month, all reporting sales declines except for Cypress-based automaker Mitsubishi Motors North American Inc.

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Xponential Buys Yoga Six

Irvine-based boutique fitness brand operator Xponential Fitness has expanded its portfolio.

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5 Restaurant Chains in Top 50

Five quick service restaurant chains based in Orange County—or soon to be—made trade magazine QSR’s list of the 50 largest such companies in the U.S., ranked by 2017 systemwide sales.

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El Pollo Loco $8.8M Judgment Confirmed

Costa Mesa-based El Pollo Loco Holdings Inc. must pay $8.8 million to franchisees who sued the fast food chicken chain when it opened corporate stores near their location, a Los Angeles Superior Court judge said.

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Poké Chain Gets Japan-Based Investment

Pokéworks in Irvine said it received an investment from Toridoll Holdings Corp. in Japan.

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Real Mex Files BK; To Sell

Holding companies that own chains run under Real Mex Restaurants Inc. have filed for bankruptcy and will sell to an affiliate of New York-based private equity firm Z Capital Group LLC, which along with Santa Monica-based Tennebaum Capital Partners will provide $5.5 million in debtor-in-possession financing during the Chapter 11 process.

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Din Tai Fung Expands

Popular Taiwanese restaurant chain Din Tai Fung is expanding its only Orange County location, at South Coast Plaza shopping center in Costa Mesa.

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Taco Bell Quarter Mixed

Taco Bell Corp. in Irvine reported lower quarterly operating profit on higher systemwide sales, with same-store sales up, but below expectations and less than the same period a year ago.

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Loco Revenue Flat, Income Down

El Pollo Loco Holdings Inc. said quarterly revenue increased less than 1% to $106 million and net income fell by a third, to $5.1 million, compared with the same period last year.

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Habit Revenue, Net Income, Comps Up

Habit Restaurants Inc. in Irvine reported quarterly income of more than $2 million on revenue topping $103 million, up 90% and 23% respectively. Comparable same-store sales at the casual burger chain grew 1.2%.

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Potbelly’s 4 in OC, Finally

Potbelly Corp. looks to finally open in OC with four franchised locations, starting with one in Irvine, early next year.

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361 Degrees Names Head of Sales

361 Degrees International Ltd. in Irvine appointed Isaac “Ike” Alvear as head of sales.

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Mitsubishi Adds Offices

Cypress-based automaker Mitsubishi Motors North America Inc. said it will expand its field operations today from two zone offices to four.

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