| Apr 11, 2013
| 7:22 AM
Consumers shopping during a chilly March gave retail sales for the month a half-hearted push, with spending weighed down by the bitter weather, sequestration worries, ongoing economic weakness and an earlier Easter that shaved off a full selling day....
| Apr 11, 2013
| 8:50 AM
Fast food giant Burger King Worldwide Inc. said it will lose its chief executive Bernardo Hees to H.J. Heinz Co. once billionaire financier Warren Buffett wraps up his acquisition of the ketchup company with 3G Capital.
Corporate poaching this...
| Jun 5, 2013
| 12:06 PM
ATLANTA -- The Internet, global growth and climate change are among the top issues facing the commercial and residential real estate markets over the next decade.
Addressing a gathering of real estate journalists downtown, kickoff speaker Howard...
| Apr 12, 2013
| 11:22 AM
Score one for J.C. Penney, the beleaguered retailer that just kicked out its chief executive in search of a better reputation. The department store chain Friday won the right to sell Martha Stewart products – as long as they’re unbranded....
| May 23, 2013
| 8:57 AM
The week before the Memorial Day holiday has been a busy one for retailers. Here's a sampling of happenings from Mattel, J.C. Penney and Abercrombie & Fitch.
Mattel: As the El Segundo-based toymaker adapts to its newly created North America division, it...
| May 24, 2013
| 8:21 AM
Teen retailer Abercrombie & Fitch Co. stumbled hard in its first quarter, with same-store sales diving 15% and profit missing Wall Street’s expectations.
The company, fresh off a mea culpa over Chief Executive Mike Jeffries’ controversial...
| May 24, 2013
| 9:03 AM
Procter & Gamble Co. wants to make something clear to investors: The replacement of Chief Executive Bob McDonald with his predecessor A.G. Lafley is not a death knell for the company.
Far from it, said Chief Financial Officer Jon R. Moeller in a short...
| May 21, 2013
| 8:00 AM
Best Buy Co. reported a net loss and sliding sales for its first quarter, weakness that the electronics retailer blamed on the costs of its ongoing turnaround and calendar shifts that affected the key Super Bowl selling day.
Investors sent Best Buy...
| May 16, 2013
| 4:00 AM
Cinemark Holdings Inc., the nation's third-largest theater chain, is bulking up in Los Angeles County with plans to open a multiplex at the SouthBay Pavilion shopping mall in Carson.
Vintage Real Estate, which owns and manages SouthBay Pavilion, said it...
| May 1, 2013
| 12:31 PM
J.C. Penney is pleading publicly for its customers to come back to its stores, releasing a new commercial apologizing for a jumble of changes instituted by recently ousted chief executive Ron Johnson.
The 30-second video went live on YouTube, Facebook...
| Apr 6, 2012
| 4:32 PM
Christos Garkinos and Cameron Silver, owners of Los Angeles boutiques Decades and Decadestwo, are on tap to star in a new TV show. Jennifer Lopez showed off an expensive diamond ring on "American Idol." Amber Rose is planning her wedding. And more....