BUSINESS
April 29, 2010 | Sharon Bernstein
The long-troubled Koo Koo Roo restaurant chain planned to close 10 of its last 13 locations Wednesday night, its parent company said. The stores are being closed as part of a bankruptcy reorganization announced last week by Magic Brands, the Austin, Texas, company that now owns Koo Koo Roo along with the Fuddruckers hamburger chain. Dwayne Chambers, senior vice president for marketing of Magic Brands, said the chain will continue to operate three of its stores, those in Santa Monica, West Hollywood, and the Larchmont neighborhood of L.A..
BUSINESS
April 20, 2010 | Andrea Chang
The original Pinkberry location in West Hollywood, also known as the yogurt shop that spawned 1,000 parking tickets, has closed permanently after five years. Pinkberry spokeswoman Mary Sadeghy said the lack of parking contributed to the decision Sunday to close the store at 868 Huntley Drive. She added that it would remain as an administrative building for Los Angeles-based Pinkberry, which now operates 83 frozen yogurt shops worldwide. "We just decided that we had enough other locations within that vicinity to service that market," Sadeghy said.
CALIFORNIA | LOCAL
February 23, 2010 | By Catherine Saillant
In Whittier, city officials are clearing the way for office buildings, retail shops and even homes to take root on the land where the vacant car lots stand. Classrooms offering lessons on green technology are being considered as a replacement for the deserted dealerships in Riverside County. And in coastal Ventura, a card club could soon take up residence among the Toyotas, Chevys and Jaguars being sold at the struggling Ventura Auto Center. For decades, cities have set aside vast expanses of land for auto malls and the dealerships have rewarded them with a steady flow of tax dollars, often providing 20% or more of an average town's sales receipts.
CALIFORNIA | LOCAL
January 31, 2010 | By David Ng
When the five-minute bell rang Friday evening in the courtyard of the Pasadena Playhouse, it sounded almost like a summons to a funeral. The subdued crowd, which had come to a performance of "Camelot," slowly entered the lobby, murmuring quietly in small groups. In interviews earlier in the evening, some of them expressed surprise and dismay that the theater company has decided to close its doors Feb. 7 as a result of financial hardship. On Friday, Stephen Eich, the playhouse's executive director, said the theater is out of cash and faces more than $500,000 in immediate bills, as well as payments on more than $1.5 million in bank loans and other debts.
CALIFORNIA | LOCAL
January 30, 2010 | By Jack Dolan
The Schwarzenegger administration plans to close one of California's last large institutional care centers for people with profound developmental disabilities. The 82-year old Lanterman Developmental Center in Pomona, which houses 398 people with severe autism, cerebral palsy and other lifelong disabilities, could shut its doors within two years, said Terri Delgadillo, director of the state Department of Developmental Services. The population of the 302-acre campus has dwindled from a peak of nearly 3,000 in the late 1960s, when a change in state law discouraged housing the developmentally disabled in large institutions.
SPORTS
January 29, 2010 | By Grahame L. Jones
The Los Angeles Sol of Women's Professional Soccer announced Thursday that it is ceasing operations after one season. The Sol was one of the league's seven teams in the inaugural WPS season in 2009 but was underfunded and did not attract the crowds it expected to the Home Depot Center in Carson. One of the team's co-owners, AEG, has been trying for several months to sell its share of the team without success. The league hoped it had found another ownership group to take on the Sol, but that plan fell apart at the last minute.