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BUSINESS
April 6, 1989 | From Times wire services
The nation's big retailers today reported mixed March sales, with giant Sears, which introduced a new competitive pricing policy during the month, posting an 11.9% increase from the same period a year ago. March sales suffered somewhat because Easter occurred earlier this year than in 1988. The holiday meant that doors were closed at general merchandisers and clothing retailers.
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BUSINESS
November 23, 2012 | By Andrew Tangel
As consumers burst through shopping center doors to snap up bargains, some retailers' stocks got a bump on Wall Street. Stocks opened higher in a shortened trading session on Black Friday. The Dow Jones industrial average rose 82 points, or 0.6%, to 12,919 shortly after the opening bell. The broader Standard & Poor's 500 index gained 8 points, or 0.6%, to 1,399. The Nasdaq added 19 points, or 0.6%, to 2,945. Electronics retailer Best Buy Co. Inc. rose 23 cents, or 2%, to $11.80 in early trading.
REAL ESTATE
October 6, 1985
Stanley J. Dorst, president and chief executive officer of Grosvenor Development Co. in San Francisco, has been named chairman of the board, and William W. Hughes Jr. of Hughes Investments in Newport Beach, has been elected president of California Business Properties Assn. Other officers include Malcolm R. Riley, who heads a Los Angeles firm bearing his name, vice president; William J.
NEWS
January 9, 2013 | By Susan Denley
Ryan Gosling took his mom, Donna, to the world premiere of his new film, "Gangster Squad," at Grauman's Chinese Theatre in Hollywood on Monday night. When she was asked on the red carpet who she was wearing, Mom came back with "Eva Mendes," having raided the closet of Ryan's girlfriend. [E!] Beyonce and Solange Knowles are talented and famous ... and nice enough to return borrowed clothes they've worn clean and pressed. Designer Rubin Singer, who dressed Beyonce for a New Year's Eve performance in Las Vegas, said the sisters are the only celebrities who "always dry clean and send clothes back in a box, with a handwritten thank you note.
NEWS
November 8, 1990 | From Associated Press
The outlook for the Christmas shopping season worsened today as the nation's biggest retailers reported dismal sales results during October. Consumers, with one eye on the economy and the other on the Middle East, are expected to buy fewer and cheaper gifts this year. Several major companies, including J. C. Penney Co. Inc., May Department Stores Co. and Limited Inc., reported their sales dropped from year-earlier levels.
BUSINESS
September 17, 2010 | By Sandra M. Jones
The department store industry, coming off its worst year in three decades of market share decline, is mounting an all-out battle for the next generation of shoppers. After years of looking the other way as Forever 21, H&M, Zara and an ever-expanding array of online retailers captured the under-25 market, department stores are pouring money and effort into winning them back. The tactics range from convening online advisory panels of teenagers to establishing in-house, fast-fashion lines to setting up self-service cosmetic stands.
BUSINESS
June 25, 1991 | CRISTINA LEE, TIMES STAFF WRITER
Anxious to widen its operations north of the Los Angeles basin, PacifiCare Health Systems Inc. announced Monday that it has received state approval to expand its health maintenance organization into Northern California through a network of providers. In announcing the expansion, PacifiCare said it has not given up its quest to acquire another HMO to further expand in Northern California, which with 26 HMOs is considered one of the most competitive, yet lucrative markets in the nation.
NEWS
August 20, 1992 | From Associated Press
United Way of America, seeking to reverse recent financial and management troubles, expanded its board of governors Wednesday to increase local involvement in national decisions. By a vote of 349 to 13, with 19 abstentions, United Way members approved new rules that expand its board of governors from 30 members to 45, with at least one third to be elected as representatives from local United Ways. W. R. Howell, chairman of the board of governors and chief executive officer of J. C. Penney Co.
CALIFORNIA | LOCAL
June 23, 1990 | STEVE PADILLA, TIMES STAFF WRITER
A developer has dropped plans to open a regional shopping mall in the Santa Clarita Valley, saying the area could not support both his project and another mall already planned by Newhall Land & Farming Co. in Valencia. "It wasn't by choice," Carl Nelson, vice president of Santa Fe Development Co., said Friday of the company's decision to abandon its mall proposal.
NEWS
December 16, 1988 | Clipboard researched by Susan Davis Greene, Dallas Jamison and Rick VanderKnyff / Los Angeles Times. Graphics by Thomas Penix / Los Angeles Times
With Christmas and the new year fast approaching, many employees have visions of fat bonuses dancing in their heads. Increasingly, though, larger companies are trending away from yuletide offerings of money in favor of specific, holiday-oriented gifts. Here's a list of the 20 biggest employers in Orange County, and their bonus/gift plans for the holiday season: Company: Hughes Aircraft Co.
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