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Report: Guitar Center May Be Sold

Ares Management LLC, a Los Angeles investment advisor, is in talks to buy Guitar Center Holdings Inc. from its private equity owners, according to a media report on Tuesday

Guitar Center Names CEO

Consumer electronics retailer Mike Pratt has been named chief executive of Guitar Center Inc.

Ramping It Up

Apparel: Cherokee Inc. buys Tony Hawk clothing brand for $19 million from Quiksilver and prepares line for international launch.

Apparel: Cherokee’s purchase of Tony Hawk matches with its international strategy.

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Briefs: DineEquity, Capstone

Capstone Turbine Corp. reported Monday strong revenue growth in its fiscal third quarter but barely missed Wall Street expectations.

Sport Chalet Ramping Up Same-Day Delivery

Retail: Sporting goods chain jumps on trend pioneered by Amazon.

RETAIL: Sport Chalet has started a same-day delivery service to compete against e-commerce sites.

Fallbrook Center Sells for $210 Million

The Fallbrook Center outdoor mall in West Hills has sold for $210 million to a San Diego real estate investment trust

Foreclosures Down, Bank Repo’s Up

Home foreclosures continued to drop in Southern California and the Valley in April, while banks sought to unload properties in the improving market.

Electro Rent Declares Dividend

Electro Rent Corp. announced Friday it will pay shareholders a quarterly dividend of 20 cents a share.

J.D. Power Buys Analytics Firm

Market research firm J.D. Power & Associates announced on Wednesday the acquisition of an online-advertising analytics firm in Florida.

North Hollywood Apartments Sell for $28 Million

A 236-unit apartment building in North Hollywood has sold for $27.5 million in one of the area’s largest real estate transactions in the past year and a half.

Buffalo Wild Wings Invests in PizzaRev

PizzaRev, a small fast-growing San Fernando Valley restaurant chain that offers quick made-to-order pizzas, has received an investment from Buffalo Wild Wings Inc.

Salem Buys Christian News Site

The online division of Salem Communications Corp. announced Wednesday the acquisition of ChristianHeadlines.com.

Nexicore Services to Lay Off 108 in Simi Valley

Nexicore Services is set to lay off 108 employees at its Simi Valley headquarters, according to a notice filed with the state Employee Development Department.

Valley Pizza Chain to Open Burbank Location

PizzaRev, a small fast-growing San Fernando Valley restaurant chain that offers quick made-to-order pizzas, will open later this year in Burbank.

IPhone Fixer Rings Up Scholarship

CSUN student taps screen repair shop to set up $1,000 program.

Entrepreneur: College junior and business owner Alan Campos has established a scholarship for fellow CSUN students.

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Foreclosures Fall, Bank Repos Rise

Home foreclosures continued to drop in Southern California in May, with rates in the greater Valley varying widely, according to a report released Tuesday.

Home Foreclosures Fall

Home foreclosures continued to drop in Southern California in March, with rates in the greater Valley varying widely, according to a report released Thursday.

PizzaRev Plans to Franchise

PizzaRev, a small fast-growing San Fernando Valley restaurant chain that offers quick made-to-order pizzas, announced Wednesday plans for nationwide franchising.

Home Foreclosure Rates Continue Decline

Home foreclosures continued to drop last month in Southern California, with rates in the greater Valley varying widely, according to a report released Thursday.

Foreclosures Fall in Valley Region

Home foreclosures continued to drop in Southern California in February, with rates in the greater Valley varying widely, according to a report released Thursday.