Andrew Foerch

Staff Reporter (Retail, Nonprofits)

Email: afoerch@sfvbj.com
Phone: 818-316-3130 Extension: 124

Recent Stories

Coronavirus Cases on Diamond Princess Climb to 135

Princess Cruises on Monday confirmed an additional 65 people on the quarantined Diamond Princess cruise ship in Yokohama, Japan have tested positive for Coronavirus, bringing the total number of cases onboard to 135.

Princess Ship Quarantined for Coronavirus Outbreak

Princess Cruises has quarantined its Diamond Princess ship in the port of Yokohama, Japan, after Japanese officials found several guests tested positive for Coronavirus.

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Bold Screen’s BestSelf TV For Women

Ad company gets user data through streaming channel.

Bold Screen Media in Thousand Oaks is bringing short-form women’s lifestyle video content to your big screen TV.

Peacock Unveils a Few Details

NBCU platform announces pricing and programming.

NBCUniversal revealed at an investor’s conference last month new information regarding its streaming platform Peacock

‘Strong-Armed’

AUTOMOTIVE: Former owners of Universal City Nissan claim Carlos Ghosn and cronies pushed them out.

Local auto franchisee claims former Nissan chief executive Carlos Ghosn and his cronies forced it to sell dealerships.

Mamba Sports Academy’s Future Uncertain

TRANSITION: What will become of center without partner Kobe Bryant?

What will become of Mamba Sports Academy in Newbury Park without partner Kobe Bryant?

$3.5 Million in VC Pushes U-Nest Ahead

College savings app ramps up in North Hollywood.

College savings app U-Nest gets $3.5 million in venture capital investment.

Viking Expeditions Seek Distant Shores

Ships take small groups to rugged destinations for a higher price.

Viking Cruises launches “Expeditions” division with smaller ships and extreme locations.

Preview: Nissan Accused of Double-Dealing on Car Lot

Did Carlos Ghosn and allies deflate price?

Asgn Acquires Government IT Contractor for $85 Million

Asgn Inc. in Calabasas announced the acquisition of Blackstone Federal, a subsidiary of Blackstone Technology Group that does contract work for the Department of Homeland Security.

Bed Bath & Beyond Announces Closure of 40 Stores

Home goods retailer Bed Bath & Beyond has released a list of 40 store locations across the country that “have already closed or will close in 2020.” The good news for the Valley area: the list includes no local stores other than already-shuttered outlets at 19211 Golden Valley Road in Santa Clarita and 17401 Ventura Blvd. in Encino.

College Savings App Receives VC Investment

College savings app U-Nest has announced an investment of $3.5 million from Northwestern Mutual Future Ventures.

Pier 1 Stores to Close in Northridge, Thousand Oaks

Pier 1 Imports stores in Northridge and Thousand Oaks are among the 450 across the country that will close in the coming months.

Preview: Topanga Makeover

Westfield plans to turn former Sears store into entertainment center.

Velocity Financial Goes Public

Velocity Financial Inc. in Westlake Village went public on the New York Stock Exchange.

Viking Cruises Launches Expeditions Division

Viking Cruises officially unveiled its “Expeditions” division and named two new ships at an event at the Beverly Hilton hotel in Beverly Hills.

GreenPark Sports Partners with 'Legends' Esports League

GreenPark Sports in Calabasas has signed a partnership with League of Legends Championship Series, a professional “League of Legends” organization.

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H2scan Gets $13 Million in Capital

H2scan, a Valencia-based maker of hydrogen sensors, has announced a $13.5 million capital raise from two financers.

Entertainment Partners Buys SyncOnSet

Burbank’s Entertainment Partners, a payroll and software company for the entertainment industry, announced Tuesday that it has acquired SyncOnSet Technologies, another film software company based in Culver City.

Five Point Sells First Homesites at Valencia

Five Point Holdings has sold the first 781 homesites at its new Valencia community formerly known as Newhall Ranch, the company said Monday.

Conejo Valley Company Launches TV App for Women

Bold Screen Media in Thousand Oaks has launched BestSelf TV, an app for women’s lifestyle content available on the Roku platform.

Service Dog Nonprofits Merge in Sylmar

Two service-dog nonprofits — Guide Dogs of America in Sylmar and Tender Loving Canines Assistance Dogs in San Diego — have announced a merger, effective immediately.

Novelty Store Aah’s Closes in Encino

“Aah’s! The Ultimate Gift Store” closed its Encino location Sunday after eight years at 15960 Ventura Blvd.

Baseball Bloggers At Easton Summit

Bat maker’s story-based marketing seeks to broaden brand’s appeal.

In late November, 14 of the baseball world’s most popular bloggers and social media personalities convened at Easton Diamond Sports’ headquarters facility in Thousand Oaks

Flip’d by IHOP on Front Burner

Dine Brands enters fast casual sector with familiar menu.

Glendale restaurant operator Dine Brands Global Inc. announced last month a new fast-casual concept called Flip’d by IHOP, slated to launch in the spring of 2020.

Midsize Banks Pressured by Non-Bank Lenders

CREDIT: Valley’s commercial bankers expect volatility, competition, consolidation.

Several local bankers say middle market business banks in the San Fernando Valley will face pressure in 2020 from fluctuating interest rates and a highly competitive landscape marked by a robust nonbank market.

Naked Wardrobe Moves Past Fast Fashion Label

Celebrity-favorite brand sells to department stores.

Women’s clothing brand Naked Wardrobe, based in Northridge, is enjoying a strong start to the year

Amazon 4-Star Makes SoCal Debut

Glendale store sells only top-rated goods.

Amazon.com Inc. has opened the first Southern California location of its Amazon 4-Star retail concept in the Caruso-built Americana at Brand shopping center in Glendale.

Borderline Comeback

Bar to reopen and expand with new location after shooting tragedy

The owners of Borderline Bar & Grill in Thousand Oaks have announced they will reopen the bar this year — and even expand with a second location.

Pavilions Market Expands in Sherman Oaks

A massive Pavilions supermarket has been confirmed for development on Ventura Boulevard in Sherman Oaks.

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Dole Foods Wins Award for Rose Parade Float

Dole Packaged Foods in Westlake Village announced that its 2020 Rose Parade float “Sunshine for All” won the Queen award in this year’s parade.

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AmaWaterways and Dapple Destinations Host Benefit Cruise

Simi Valley travel agency Dapple Destinations partnered with AmaWaterways in Calabasas to host a river cruise to raise money for Ventura County chapters of the Boys & Girls Club and Soroptimist International, a nonprofit that helps promote global women’s rights.

Wescom Credit Union to Debut Rose Parade Float

Wescom Credit Union announced it will debut a float in next week’s Rose Parade.

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Salem Media Adds 'Dan Proft Show'

Conservative and Christian-slanting radio talk broadcaster Salem Media Group in Camarillo will syndicate a new program called the “Dan Proft Show” beginning next week.

Liberman Broadcasting Appoints Senior Leaders

Spanish-language broadcaster LBI Media announced last week the appointments of Ivan Stoilkovich as executive vice president of television programming and Jason Hall as executive vice president of advertising sales.

Westlake Village’s One Capital Management Acquired by Canadian Company

Canadian wealth management company CI Financial Corp. announced Monday it has acquired a majority interest in One Capital Management, an investment advisory firm in Westlake Village. Financial terms of the deal were not disclosed.

Cunard Partners to Publish Destination Guides

Valencia cruise company Cunard announced Thursday a partnership with Cool Cousin, a travel technology company that makes destination guides curated by locals.

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Valencia's URM Technologies Acquires Digital Image Systems

URM Technologies Inc., a Valencia document management systems company, has acquired Digital Image Systems in Commerce.

Porto’s Bakery Founder Dies at 89

Rosa Porto, the Cuban immigrant and baker who founded Porto’s Bakery & Café, died Friday at 89.

Santa Clarita Aerospace Manufacturer Acquires NoHo Fastener Firm

Shimtech Industries, an aerospace components manufacturer in Santa Clarita, has acquired Fastener Technology Corp., a North Hollywood supplier of specialty high-strength fasteners.

B. Riley SPAC to Merge with Alta Equipment

B. Riley Principal Merger Corp. announced Thursday it will combine with Alta Equipment Holdings Inc., a provider of industrial and construction equipment.

Camarillo Man Arrested for Role in $722 Million Bitcoin Scam

A Camarillo man was one of three people arrested Tuesday in connection with a cryptocurrency mining scheme that allegedly defrauded investors out of $722 million.

IHOP to Debut Fast Casual Concept in Early 2020

Glendale restaurant operator Dine Brands Global Inc. announced Wednesday plans to launch a new fast-casual concept called Flip’d by IHOP in spring of 2020.

Amazon 4-Star Makes SoCal Debut

Amazon.com Inc. has opened the first Southern California location of its Amazon 4-Star retail concept in the Caruso-built Americana at Brand shopping center in Glendale.

Avery’s Play for RFID Tags Costs $249 Million

MANUFACTURING: Stock price falls following major acquisition’s disclosure.

Avery Dennison Corp. shows confidence in RFID technology with $249 million acquisition.

Destination: Valley

HOSPITALITY: Private visitors bureau promotes region’s tourism.

MyValleyPass promotes the region to tourists and locals alike.

CSUN Hosts Philanthropy Day Awards

NBC4, Queenscare, others honored for charitable efforts.

To celebrate National Philanthropy Day, the Association of Fundraising Professionals Greater San Fernando Valley Chapter hosted an awards luncheon Nov. 12

Cheesecake Buys Fresh Chains

In October, the Valley’s biggest restaurant company got even bigger.

Mending Kids Takes Muse on Mission

High schoolers shadow ENT volunteers in Guatemala.

Glendale medical nonprofit Mending Kids took a team of surgical volunteers to Guatemala last month to provide free ear, nose and throat procedures to more than 100 local children.

Nonprofit’s $10,000 Grant From L’Oreal

Jonathan Foundation helps students with attention deficit.

Granada Hills resident Raja Marhaba, founder of the nonprofit Jonathan Foundation for Children with Learning Disabilities, has been chosen as one of 10 winners of L’Oreal Paris’ 2019 Women of Worth Awards

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