Retail « CBS Los Angeles

400K In Calif. Face ‘Sudden Stop’ In Jobless Benefits

The California jobless rate inched down slightly in October even as the state issued a dire warning that federal help for the long-term unemployed may soon run out.

2012/11/16

Hotel Proposal Sparks Heated Debate In Santa Monica

A special meeting of the Santa Monica planning commission Wednesday drew quite a crowd, as people sounded off over a brewing land dispute involving some prime real estate with million-dollar ocean views.

2012/02/08

Sears, Kmart To Close At Least 100 Stores After Dismal Holiday Sales

Roughly 100 to 120 Sears and Kmart stores are closing after a dismal holiday season. During the eight weeks leading up to Christmas, sales fell 4.4 percent at Kmart stores and six percent at Sears.

CBS2 / KCAL9–2011/12/27

UPS To Deliver 26 Million Packages Worldwide Thursday

UPS officials say they will deliver 26 million packages worldwide Thursday. UPS is expecting to handle more than 120 million packages over the course of the week.

CBS2 / KCAL9–2011/12/22

American Apparel Teams Up With eBay

Struggling clothing company American Apparel Inc. is teaming up with eBay Inc. to create an online store within eBay’s auction web site due to strong demand for its products there.

CBS2 / KCAL9–2011/07/26

Ex-Lawmaker: Amazon Sales Tax Would Cost California $150M

While many lawmakers expect an estimated $200 million windfall from firms that maintain a “physical presence” in California, former State Senator George Runner is not one of them.

KNX 1070 NEWSRADIO–2011/07/12

Analyst: Even Dollar Stores Struggling In ‘Obama Depression’

99-Cents Only and other stores are seeing their sales decline after years of growth — and one analyst said on Monday it’s another sign of even deeper downturn.

2011/07/11

Retailers Report Muted Revenue Growth For May

Retailers reported muted May revenue growth on Thursday as bad weather and worry over the rising cost of living held back shoppers’ demand for spring and summer merchandise.

2011/06/02

Retailers Step Up Hiring For Christmas Shopping Season

Consumers may be warming up to the Christmas shopping season despite a still-chilly economic climate, and that may mean more jobs — at least temporarily.

KNX 1070 NEWSRADIO–2010/11/09

Target To Open In Downtown LA; Largest Lease In 20 Years

A Target store about half the size of a city block is coming to downtown Los Angeles and expected to create 250 jobs, thanks to a lease agreement signed on Thursday.

2010/11/04