December 3, 2012 |
The Melt, a young Bay Area grilled cheese chain with a Silicon Valley pedigree, is betting that health-conscious Angelenos will embrace its comfort-food offerings as it expands in Southern California this month. On Dec. 15, the chain will launch in the heart of Hollywood at the intersection of Sunset Boulevard and Vine Street. Visitors who find a special password on the company's Facebook page will get a free sandwich and soup combination on opening day. The Melt will open another eatery at Figueroa and 7 th streets downtown on or before Dec. 15. Instead of food trucks, the Melt will start running two buses around Los Angeles to serve its food at roughly the same time.
February 27, 2013 |
J.C. Penney Co. is falling deeper into a rut, reporting yet another quarter of tanking sales and net loss as the department store chain struggles in its reinvention. The Plano, Texas, company reported a net loss of $552 million, or $2.51 a share, in its fiscal fourth quarter, which ended Feb. 2. During the same period a year earlier, it lost $87 million, or 41 cents a share. Revenue plunged 28.4% to $3.9 billion. Same-store sales, which track revenue at locations open at least a year and are less volatile, plummeted 31.7%.
October 3, 2012 |
William Shakespeare once wrote: "A fool thinks himself to be wise, but a wise man knows himself to be a fool. " That seems to be the guiding philosophy behind a new line of Shakespeare e-books from Sourcebooks that seeks to demystify the playwright's work. Called the Shakesperience and available through iTunes' iBookstore for $9.99 per title, the e-books use audio readings, a glossary, photos from notable performances and other tools to help student readers better understand Shakespeare's famously challenging texts.
March 28, 2012 |
At first blush, Ritz-Carlton , Drury Inn & Suites , Four Seasons , Hotel Indigo and Hampton Hotels might not seem to have much in common, other than being places to lay your weary head at the end of the day. Some cater to the high-thread-count crowd; others want to attract those who mind their money but also mind an uncomfortable accommodation. But according to a J.D. Power & Associates study released this month, those lodgings are "customer service champions," which focus on serving the clientele and not the other way around.
April 19, 2012 |
The latest survey on bank satisfaction from J.D. Power researchers in Westlake Village has new details about how customers think fees stink and also ranks California's best-loved banks. As you might guess, they are not major U.S. financial institutions. In first place for the second year is Raboban k , a Dutch giant that has branched out into many California agricultural centers. Rabobank , a specialist in farm lending (it puts out news releases about nut sales )
May 7, 2012 |
Los Angeles supermarket magnate Ron Burkle went upscale with the latest addition to his portfolio: fashion retailer Barneys New York. Burkle's Yucaipa Cos. and Perry Capital took ownership of Barneys in a debt-restructuring deal, Barneys announced Monday. Perry Capital is the majority owner. The deal slashes Barneys' debt from $590 million to $50 million. “This agreement provides us with increased free cash flow that will be used to revitalize our stores, invest in Barneys.com and further enhance our customer experience at a time when our operational financial performance is very strong,” Barneys Chief Executive Mark Lee said in a statement.