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BUSINESS
October 30, 1990 | HARRY ANDERSON
What a place. We spent $5.3 billion on furniture and home furnishings in California in 1987. That was more than five times what we spent at bakeries, more than four times what we spent at hardware stores and more than twice what we spent at liquor stores. According to a survey by Sales & Marketing Management magazine, the Los Angeles-Long Beach metropolitan area is the richest market in the nation, as measured by "effective buying income."
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CALIFORNIA | LOCAL
March 3, 1994 | GREG HERNANDEZ, TIMES STAFF WRITER
Gene Covell doesn't believe in using guns for self-protection, but he has no problem with pepper spray. The 61-year-old salesman took a break from his job Wednesday afternoon to complete a two-hour training session where he was taught how to properly use the tear gas, which became legal under California law Tuesday. "I had considered carrying it illegally, just to have something effective to protect myself," Covell said. "I'm in and out of parking lots a lot, so I feel exposed.
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CALIFORNIA | LOCAL
March 3, 1994 | GREG HERNANDEZ, TIMES STAFF WRITER
Gene Covell doesn't believe in using guns for self-protection, but he has no problem with pepper spray. The 61-year-old salesman took a break from his job Wednesday afternoon to complete a two-hour training session where he was taught how to properly use the tear gas, which became legal under California law Tuesday. "I had considered carrying it illegally, just to have something effective to protect myself," Covell said. "I'm in and out of parking lots a lot, so I feel exposed.
BUSINESS
October 30, 1990 | HARRY ANDERSON
What a place. We spent $5.3 billion on furniture and home furnishings in California in 1987. That was more than five times what we spent at bakeries, more than four times what we spent at hardware stores and more than twice what we spent at liquor stores. According to a survey by Sales & Marketing Management magazine, the Los Angeles-Long Beach metropolitan area is the richest market in the nation, as measured by "effective buying income."
BUSINESS
June 22, 2010 | Sharon Bernstein
Sixty-two years after Ken Crane started selling early-model television sets out of a storefront on Crenshaw Boulevard, the venerable local chain is going out of business. Over the weekend, the six remaining stores in the Ken Crane's Home Entertainment chain began liquidating their inventory of big-screen TVs, and a big sale drew crowds. But the ongoing sale was bittersweet for Crane's daughter and son, who grew up in the family's stores and took over the company after their father's death in 2004.
BUSINESS
October 30, 2001 | JESUS SANCHEZ, TIMES STAFF WRITER
With the economy weakening and consumers shaken by terrorist attacks, developer TrizecHahn Corp. could scarcely have picked a worse time to open two giant shopping centers in the Los Angeles area. The projects--Paseo Colorado, which opened late last month in Pasadena, and Hollywood & Highland, which will debut next week--depend in part on a combination of high-end retail and tourism, two sectors that have been hard hit in recent months.
NEWS
November 16, 1995 | PATRICE APODACA, TIMES STAFF WRITER
With more than a month to go until Christmas, Viqui Denman of Agoura Hills is already scouring the region for presents. "I'm on a binge right now," she proclaimed as she browsed through a gift shop at the Northridge Fashion Center. Shoppers like Denman would seem to be good news for area malls. But she also represents a worrisome trend for retailers. Denman is balancing three part-time jobs and feeling uncertain about the future due to a pending divorce.
SPORTS
January 31, 2005 | Robyn Norwood, Times Staff Writer
If the Super Bowl were coming to Los Angeles on Sunday, hotels such as the Century Plaza in Century City, the Biltmore and Bonaventure downtown and the Ritz-Carlton in Pasadena would be booked solid, their lobbies hubs of pregame activities.
BUSINESS
December 29, 1996 | DON LEE, TIMES STAFF WRITER
Three years after starting to crawl out of recession, California is heading into 1997 in the best economic shape of this decade. Job growth in 1996 ran at a robust 2.7%, spurred by entertainment, high-tech manufacturing and international trade, the new pillars of California's economy. UCLA economists predict the state will do even better in 1997, outstripping the nation for the second straight year.
NEWS
November 18, 1992 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
When Nathan Holt got wiped out, he now acknowledges, he was partly to blame. His storefront photography studio on Martin Luther King Boulevard, in the heart of the Crenshaw district, had been open less than four months. To Holt, it was enough to be clearing $400 a week; buying insurance was still on his things-to-do list. Then came the riots. "My place got looted on TV," said Holt, 44, a burly former security guard. After the looting came the burning.
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