Staff Reporter (Retail, Nonprofits)
Cheesecake Factory Inc. has furloughed about 41,000 hourly restaurant employees and cut executive salaries by 20 percent, according to an SEC filing released Friday by the Calabasas restaurant operator.
Cheesecake Factory Inc. has notified its landlords that it won’t pay rent on April 1 due to financial complications stemming from the coronavirus outbreak.
Grocers in the Valley region are beginning to see a return to regular operations after being hammered in recent weeks by huge crowds and product sellouts prompted by the coronavirus scare.
The coronavirus pandemic has curbed travel as people shelter in place, resulting in a nightmarish situation for hotels and their employees.
Los Angeles County and city officials released emergency orders to close nonessential businesses and keep residents in their homes to prevent the spread of coronavirus.
While most of the Valley region’s retail sector has temporarily shut down amid the coronavirus outbreak, grocery stores are busier than ever as throngs of shoppers stock up in preparation for days or weeks spent at home in self-quarantine.
L.A. Mayor Eric Garcetti has mandated temporary restrictions for retail businesses within the City of Los Angeles to help prevent the spread of coronavirus.
Photobook printer adjusts model to find profitability.
Artkive prints hardcover scrapbooks of user-submitted photos.
E-tailer to stand up Antelope Valley warehouse.
The world’s biggest online retailer is establishing a distribution presence in the Antelope Valley.
Beauty products manufacturer Cosmetic Laboratories of America has been acquired by Knowlton Development Corp. in Quebec, also a maker of cosmetic and personal care supplies.