September 11, 2010 |
Among the funky boutiques, tattoo parlors and foodie restaurants that line eclectic Melrose Avenue, there's a new sight that has longtime store owners and shoppers alarmed: a glut of empty storefronts and for-lease signs. The situation has gotten so bleak in recent months that along one stretch of Melrose, between Fuller and Martel avenues, one-third of the stores are vacant. And that's despite drastic rent reductions from landlords: A few years ago, retail space went for $5 to $6 a square foot, commercial real estate agents said, but prices lately have fallen to $2 to $3 a square foot — rates not seen in more than a decade.
December 17, 2010 |
Early this fall, James Reinhart noticed something odd happening at ThredUp, the children's clothing swap site the Harvard Business School graduate and his buddies dreamed up a year ago. Swappers started using the online exchange to trade toys. As the volume of toy trading increased, ThredUp decided there was enough demand to expand its service. The San Francisco start-up officially launched its toy exchange site Dec. 6, just as holiday shopping shifted into full gear. The turn of events at ThredUp signals how dramatically shopping is changing in the wake of the Great Recession.
June 10, 2012 |
TEL AVIV - It's a bright Saturday morning and shopkeepers at the trendy Tel Aviv Port shopping mall are bracing for the thousands of Israeli families about to descend upon the city's busiest outdoor retail promenade. But among the first visitors many Saturdays is a city inspector, who goes store to store issuing $200 citations to business owners for violating Tel Aviv's ordinance against conducting commerce on the Jewish Sabbath. Small-shop owners fire off cellphone text messages to warn one another that the inspector is making the rounds; then they chase out customers and shut their doors until he passes.
January 28, 2012 |
Travel is broadening, we are told. The experience of new customs and foods and landscapes is sure to make us better citizens of the planet. And while we have no quarrel with this worldview, for some of us, travel is about shopping - not to the exclusion of all that other spirit-enhancing stuff, but rather, as a soul-affirming enhancement. It's the thrill of a great find - a secret designer outlet store, an antique bracelet, or a great pair of shoes. Most of us deserve only an “amateur” rating when it comes to shopping while traveling, but a series of experts will gather at 1 p.m. Saturday at the Los Angeles Times Travel Show for a panel titled “In the Bag: A Shopper's Guide to the World.” The event is in the L.A. Convention Center's West Hall.
July 12, 2011 |
As a heat wave sweeps eastward through much of the United States, residents of the affected cities are bracing for the worst. A few words of advice: Protect your young, your elderly and your residents of bad shopping areas. It's true. People who live in areas without "inviting" businesses are more at risk of dying. A 2006 study published in the American Sociological Review looked at the 1995 heat wave in Chicago and found that mortality rates were higher in areas where businesses were not well tended and leaned toward the bar-and-liquor-store variety.
December 17, 1987 |
A Houston consumer electronics concern said it is terminating its shop-by-television operation, citing doubts about "whether the home shopping industry is viable into the 1990s." Entertainment Marketing Inc. said it will terminate its Consumer Discount Network home shopping unit Dec. 21 to stem losses in the division. While the division's sales grew rapidly in the first nine months of 1987 to $6.6 million from $721,591 the year before, losses grew even more quickly.
July 20, 2008 |
Grab a cafe au lait at a sidewalk restaurant, see the Eiffel Tower and shop, shop, shop on a holiday tour to Paris. The deal: The four-night Christmas-shopping package, available during November, starts at $978 (airport taxes add $130 more), double occupancy. Included are round-trip airfare from LAX, four nights' accommodations in central Paris, daily breakfast, discount coupons and a Paris map. Reservations: For information, contact Adventure Vacations at (800) 600-5587 or (858)
CALIFORNIA | LOCAL
September 5, 1994
It's an American ritual as old as the public school system, the annual fall trek to buy new clothes, pencils and paper before the start of the new school year. Members of the Los Angeles Police Department and the Northridge-Chatsworth Rotary Club maintain that new supplies are more than just a luxury: They can also be a part of building a child's self-esteem. And too many Los Angeles children have never known the excitement of the back-to-school shopping trip, they say.
December 3, 1987 |
December is the time for shopping and giving--a time when the spirit of giving is often stretched a bit, causing a strain on the budget after the first of the year. For some shoppers, that's OK. Certainly the desire to award family and friends with pricey presents is an honorable trait, but when the well-meaning shopping spree ends in bills that can't be paid or cash flow that stops flowing, it can be a disaster. Indeed, overspending is now being looked upon as an addiction.
December 1, 2002 |
In this season of "buy now, pay later" promotions and budget-busting largess, debt counselors warn that bills rung up today can haunt consumers long after the holiday decorations have been put away. "Everybody starts the season with the good intention of not overspending," said Howard Dvorkin, vice president of the Assn. of Independent Consumer Credit Counseling Agencies in Fairfax, Va.