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Financially struggling Kohl's Corp. is planning to close 27 underperforming stores in 15 states, according to an announcement from the company on Thursday. In Los Angeles California, the Westchester store located at 8739 S. Sepulveda Blvd. will close. The stores will be closed by April 2025 and the workers have been informed....
A long-time Venetian and active community member who brings experience, dedication, and passion to her new role as chief executive officer. A fourteen-year Venice resident, Wallerstein has been deeply involved in the local community. She has served on the Venice Chamber of Commerce Board for three years, most recently as Membership Director. Karin also serves as Vice President of the Santa Monica Rotary Club, where she has led philanthropic initiatives and worked tirelessly to support that...
Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today announced it has exercised its right to terminate its merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington issued injunctions with respect to the proposed merger on December 10. Vivek Sankaran, CEO, commented: "Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the...
The Shake Shack downtown Culver City is closed. Shake shake locations in California slated for closure, the fast-food chain announced. The decision comes after the restaurants were identified as underperforming and not projected to provide "acceptable returns," according to a filing with the U.S. Securities and Exchange Commission. The affected locations include Shake Shacks in Oakland, Bunker Hill in Los Angeles, Koreatown, Silver Lake, and Westfield Topanga and Culver City. Despite these...
