Andrew Foerch

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

Recent Stories

AROUND THE VALLEYS

AROUND THE VALLEYS

HYDROGEN HUB

PROFILE: How Mayor R. Rex Parris is luring alternative energy companies to Lancaster.

Hydrogen companies from around the world including SGH2, Hitachi Zosen Inova and Toshiba are setting up shop in Lancaster, hinting at that area’s potential to become a premier alternative energy hub. Creating a welcoming environment for such companies is a motivator driving longtime mayor and career lawyer R. Rex Parris. SGH2 last year signed a deal with the Antelope Valley city to build a first-of-its-kind plant called S2 that will use a NASA-developed method to incinerate the city’s recycled waste to create hydrogen, which could be used to fuel vehicles. In this interview, Parris says it’s “inevitable” that Lancaster will be known as a hydrogen hub and explains why he’s a big believer in alternative energy.

Curtains Close IN NoHo

Pandemic and rising rents force small venues out of business.

A year after the coronavirus pandemic put a pause on the performing arts, five live theaters in the heart of North Hollywood are closing their curtains for good.

Theme Park Stores Open

Disney and Universal resume shopping, dining.

NBCUniversal’s Universal Studios Hollywood and Walt Disney Co.’s California Adventure theme parks are reopening shops and restaurants as state regulations promise the reopening of all theme parks at limited capacity as soon as April 1.

Local Businesses Hotbed of Support for Recall

RETAIL: Newsom’s restrictions fuel signature campaign.

A strong contingent of business owners in the San Fernando Valley want to see Gov. Gavin Newsom lose his job because of policies during the COVID-19 pandemic, particularly his stringent business restrictions.

AROUND THE VALLEYS

AROUND THE VALLEYS

Preview: Local Business Hotbed of Support for Recall

RETAIL: Newsom's restriction fuel signature campaign.

Princess Delays Cruise Return to June

Princess Cruises has yet again extended its pause on cruise activity. The Santa Clarita cruise line this time delayed its resumption of voyages in the Caribbean, Mediterranean, Mexico and California coast, including cruises out of the Port of Los Angeles, to June 30 at the earliest.

Court Issues Restraining Order Against Tin Horn Flats

Burbank City Council announced this week that a judge has issued a temporary restraining order against Tin Horn Flats, a western-themed bar, after the bar continued to operate despite multiple requests for it to comply with pandemic-related restrictions.

Universal Studios to Reopen Shops, Restaurants as State Loosens Theme Park Guidelines

Universal Studios Hollywood theme park will reopen shops and restaurants on weekends at its Universal City campus beginning March 12, while state regulations promise the reopening of all theme parks at limited capacity as soon as April 1.

Disney to Close 60 Retail Stores

Walt Disney Co. will shutter at least 60 of its Disney retail stores in North America this year.

Dine Brands Beats on Revenue, Misses on Earnings

Applebee’s and IHOP parent company Dine Brands Global Inc. beat Wall Street estimates for its fourth quarter revenue but missed on earnings.

Toy Industry’s Pandemic Boom

Disney, MGA benefit from stay-at-home spending.

Toy sales in the U.S. grew 16 percent last year to $25.1 billion, according to a January report from New York research company The NPD Group.

Service Opportunist

PROFILE: Hope of the Valley’s Ken Craft uses business tactics to combat homelessness.

Since founding Hope of the Valley Rescue Mission in 2009, former preacher Ken Craft has grown his nonprofit into one of the largest transitional housing and homeless service providers in the San Fernando Valley. With regulatory red tape and a strong NIMBY contingent limiting real estate options, the job has been anything but easy.

State Sparks a Hotelier Exit

HOSPITALITY: Project Homekey buys properties in downturn.

Local governments have purchased at least eight hotels in the San Fernando Valley and Ventura County for conversion into permanent homeless shelters through the state’s Project Homekey initiative.

AROUND THE VALLEYS

AROUND THE VALLEYS

Final Sale for Apex Global Brands

Apparel company will go private at discount price.

Apparel company Apex Global Brands Inc. will go private following its acquisition last month by Galaxy Universal, a wholesaling, sourcing and brand management company based in Centennial, Colo. Galaxy, which is privately held and focuses on the athletic, work and outdoor categories, will pay $2 a share for all outstanding shares of Apex, which trades on the over-the-counter market since being delisted from the Nasdaq in November.

Printful to Bigger Digs

Fulfillment center relocates to Valencia from Van Nuys.

Print-on-demand service Printful has found new digs in the Santa Clarita Valley.

Burbank City Council Revokes Bar’s Permit

Burbank City Council has revoked the conditional use permit for Tin Horn Flats, a western-themed bar, after the bar ignored multiple requests for it to comply with pandemic-related restrictions.

State Orders Burgerim to Refund Franchisees

The state has ordered fast casual burger chain Burgerim to refund $57 million in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.

Magic Mountain Plans to Reopen in Spring

Six Flags Entertainment Corp. announced plans to reopen its Magic Mountain theme park in Valencia this spring.

Tease photo

CEO Change Doesn’t Impact Credit Rating at Crusader Insurance

A new chief executive at Calabasas-based Crusader Insurance won’t affect the company’s credit rating.

Cheesecake Factory Slips on Earnings, Revenue

Cheesecake Factory missed Wall Street estimates for its fourth quarter earnings and revenue despite bouncing back nicely since the coronavirus routed its sales and stock price last spring.

Tease photo

Apparel Wholesaler to Acquire Apex Global Brands

Apparel company Apex Global Brands Inc. has entered an agreement to be acquired by Galaxy Universal, a wholesaling, sourcing and brand management company based in Centennial, Colo.

Printful Relocates Fulfillment Center to Valencia

Print-on-demand service Printful has found new digs in the Santa Clarita Valley.

Tease photo

Dole Opens Frozen Fruit Facility in Georgia

Dole Packaged Foods has built its third frozen fruit factory in the U.S.

Tease photo

Avery Dennison to Acquire Label Maker

Label and packaging materials maker Avery Dennison Corp. has announced it will buy a similar company headquartered in Tennessee.

Guitar Center Art Honors Van Halen

Mural at Westlake Village company’s flagship store immortalizes rocker.

Westlake Village-based Guitar Center late last month unveiled a mural commemorating late Van Halen guitarist Eddie Van Halen at its flagship store at 7425 Sunset Blvd. in Hollywood.

Restaurants Take Another Bite at Profitability

RETAIL: Owners balance costs versus limited capacity.

To open or not to open – for restaurant owners, that’s the question.

Black Entrepreneurs Month: Tay Watts Posh Candle Co.

Van Nuys Business: Candle maker Email: hello@poshcandleco.com • Website: poshcandleco.com

Black ENTREPRENEURS MONTH: Shawna Christian Tansy

2120 Magnolia Blvd., Burbank Business: Home décor and garden shop (310) 266-7822 • Email: Shawna@shoptansy.com Website: tansyburbank.com

Paper Analyzes COVID for K-12

SynED publishes takeaways for higher education sector.

Thousand Oaks educational nonprofit SynED earlier this month published a report detailing insights from academics regarding the long-term impacts of the pandemic on teaching and learning.

Fast Access To Vaccines For Disabled

New Horizons lobbies the state for higher priority.

Despite being three times more likely to die from COVID-19 than the general public, people with developmental disabilities aren’t eligible to receive the vaccine during “Phase 1a” of California’s rollout.

AROUND THE VALLEYS

AROUND THE VALLEYS

Tiny Homes Springing Up in NoHo

Hope of the Valley will manage city-owned project.

The city of Los Angles has teamed up with Pacoima nonprofit Hope of the Valley to address a big problem with a small solution.

Hilton Foundation, ILCSC Tap New Leaders

Two local nonprofits have added to their leadership ranks.

Velocity Financial Secures $375 Million in Credit

Velocity Financial Inc. has fresh money to make new mortgage loans.

SRAX Reconstitutes Microcap Index

SRAX Inc. has reconstituted its LD Micro Index, a fund comprising nearly 1,200 microcap companies in the U.S. and Canada.

Project Roomkey to Expand with FEMA Funding

Project Roomkey, the state and county program that uses vacant hotel rooms to house high-risk, homeless seniors during the pandemic, will expand following the Biden administration’s commitment to fund 100 percent of its costs.

Princess Launches On-Board Gambling Platform

As Princess Cruises prepares for a possible return to sea later this year, the Santa Clarita cruise line this week announced the launch of Ocean Sportsbook, a sports betting platform that will be available to passengers aboard 'MedallionClass' ships.

Las Posas Country Club Sells to Partnership

A joint venture between Dallas-based Century Golf Partners and South Korea’s Hankuk Industrial has purchased Las Posas Country Club in Camarillo.

Ventura’s Compliance Crackdown

Officials take action against pandemic rule-breakers.

Ventura County officials last month sued 14 gyms and four restaurants for operating in violation of the state’s health order and the closure order issued by the county health officer.

Borderline Bulldozing on Horizon

Redevelopment for bar, scene of 2018 shooting.

The landlord of Borderline Bar & Grill in Thousand Oaks has earmarked the property for demolition and redevelopment.

Did Kylie Jenner Talk Too Much in Coty Deal?

COSMETICS: Trade secret complaint from manufacturer.

A celebrity makeup label and its contract manufacturer are clashing over a transaction the manufacturer claims broke the parties’ agreement and revealed trade secrets to a major competitor.

AROUND THE VALLEYS

AROUND THE VALLEYS

Preview: Did Kylie Jenner Talk Too Much in Coty Deal?

Contract manufacturer lodges trade secret complaint.

L.A. County Launches Small Business Loan Program

The Los Angeles County Development Authority has launched a loan program to help small businesses survive the pandemic economy, according to the agency.

Data Firm Goes Public by Reverse Merger

Westlake Village data firm BIGtoken announced it has gone public through a reverse merger with Force Protection Video Equipment Corp., a North Carolina company that sells video and audio equipment to police units.

Princess Cruises Sells ‘Love Boat’ Successor

The Santa Clarita cruise line last week sold its Pacific Princess ship for an undisclosed price.

Godiva to Shutter or Sell All Stores

The closure includes locations at the Glendale Galleria, Camarillo Premium Outlets and Westfield Topanga mall in Woodland Hills.

Prev