October 25, 1987
In regard to the article "Sears Strikes Back" (by Donald R. Katz, Sept. 27): I feel that the downfall and dissolution of the Sears stores was caused and is being caused by inconvenience. Chain stores, like hardware stores and home-improvement centers, are more common and more convenient than the widely spaced Sears stores. Theresa Gayer Inglewood
October 18, 2003 |
Dutch food group Numico said Friday it had agreed to sell its GNC chain stores to buyout fund Apollo Management for $750 million, beating a retreat from a costly foray into the U.S. health supplements market. Europe's largest maker of baby formula, which paid $1.8 billion for the largest U.S. retailer of vitamins, minerals and herbal supplements in 1999, said it would use the proceeds to slash its looming debt pile.
January 17, 2012 |
Williams-Sonoma, the cookware giant founded more than five decades ago in now-historic downtown Sonoma in northern California, may face trouble going home again. In a bid to return to its roots, the retailer is facing controversy with the small city tucked in the wine county of Sonoma County over a desire to limit chain stores downtown, according to the Santa Rosa Press Democrat. The company hopes to open a small location at the site of its original store that opened in 1956 and offered a selection of cookware from France.
CALIFORNIA | LOCAL
August 22, 2012 |
Alarmed by plans for aWal-Martgrocery store in Chinatown, a city planning committee Tuesday approved a temporary ban on large retail chain stores setting up shop in the downtown district. In a 2-1 vote, members of the Los Angeles Planning and Land Use Management panel found that if the city doesn't act, an infusion of big-box stores could endanger the unique cultural character of Chinatown. The viability of the historic neighborhood is at risk, said committee Chairman Ed Reyes. Reyes and fellow committee member Jose Huizar instructed the city's Planning Department to prepare an ordinance that would temporarily ban chain stores larger than 20,000 square feet from gaining permits.
September 22, 2007
Ah, Starbucks! The neighborhood is looking up! Oh, Starbucks. There goes the neighborhood. It's the end for East L.A., which will now look just like everywhere else. It's the beginning for East L.A., which will finally look like everywhere else: coffee-swilling soccer moms, students tapping on laptops, pinstriped neo-yuppies ordering soy lattes with shots of something or other. Anywhere USA.
February 3, 2012 |
The U.S. stock markets are officially leaving the bad times of the last three years behind them. Stocks surged around the globe Friday, thanks to a pair of good reports on the U.S. economy, sending the Dow Jones industrial average up to the highest level since May 2008, before Lehman Bros. went bankrupt. Meanwhile, the technology-heavy Nasdaq composite index, fueled in part by optimism about Facebook's coming initial public offering, finished at its highest level since the heady days of the technology boom in 2000.
March 18, 2007 |
TECHNICALLY Little Tokyo is downtown, but as Westsiders, Japanese toy collectors and adventure eaters all know, the strip of Sawtelle Boulevard between Olympic and Pico boulevards may as well inherit the name. It's hidden among a tricky-to-navigate swirl of highways, but once you're there it's a one-stop shop for the Japanese imports that are increasingly woven into the fabric of daily L.A.
October 24, 2001 |
U.S. chain store sales rose in the latest week, spurred by sales of winter clothing and Halloween merchandise. But consumer spending still has a long way to recover from its steep fall after the Sept. 11 terrorist attacks, two reports showed. Retail sales at U.S. chain stores inched up 0.5% in the latest week, according to Bank of Tokyo-Mitsubishi and UBS Warburg's Weekly Chain Store Sales Snapshot, compared with flat sales a week earlier. Although this was the largest weekly gain since Aug.
February 7, 1999
My experience of the new Calabasas Commons mall is different from Stuart Silverstein's ["Calabasas Man Finds a Commons Denominator," Jan. 26]. Where he finds a pleasant creation of a Main Street, I find an ocean of asphalt and automobiles rimmed by silly Disneyland architecture that dwarfs human scale. While he enthuses about Barnes & Noble, Starbucks and other chain stores, I mourn the absence of the small businesses that these alienating giants have squashed by sheer capital. Where he encounters community, I see narcissists and materialists on parade in the chichi boutiques and fighting for parking slots for their sport-utility vehicles.