TOURISM & LEISURE

Recent and archived news stories on: hospitality, retail, restaurants, style, travel, sports

Beyond Meat Retail Sales Slump While Restaurant Business Picks Up

Beyond Meat Inc.’s shares dipped about 11% in afterhours trading on Feb. 24 following a release of fourth-quarter results that missed Wall Street expectations.

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Investor Interest in Retail Real Estate Soars

Despite the pandemic, a number of large retail sales were completed in L.A. during the second half of 2021.

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Red Chickz Franchising Model Takes Flight

Shawn Lalehzarian and his partners did their homework before opening the Red Chickz eatery in downtown.

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Fisker Accelerates Toward $2B Revenue With Increase in Reservations

Fisker Inc. said reservations for its Ocean SUV have surpassed the 30,000 mark as of Feb. 14, and are up 61% from November when the Manhattan Beach-based designer of electric vehicles revealed the vehicle at the Los Angeles Auto Show.

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2022 Minority-Owned Businesses Special Report

These minority-owned business leaders are showing how to keep growing their companies and networks in their industries to bring about lasting change.

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Direct-to-Consumer Farmed Flowers Business Blooms

Like most floral companies, Postal Petals was busy in the weeks leading up to the Valentine’s Day, taking orders, securing flower shipments and talking to growers.

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MedMen Launches Concierge Service to Grow Retail Operations

Culver City-based MedMen Enterprises Inc. launched a Cannasseur Personal Concierge Service this month at its California, Nevada, Arizona and Florida dispensaries.

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Odys Aviation Receives $12M in Seed Funding

Burbank-based Odys Aviation Inc., which is developing a hybrid gas-electric vertical takeoff and landing aircraft, announced Feb. 10 that it has received $12.4 million in seed funding.

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Donut Shops Reveal LA’s Thriving Niche Industry

Los Angeles’ multicultural landscape has generated more than a handful of iconic donut brands. Small shops and large franchises reflect a thriving niche industry.

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Airports' Gains in 2021 Show They Still Have a Long Recovery Ahead

The four commercial airports serving L.A. County mounted a comeback last year, though they still have quite a way to go to climb back to pre-pandemic travel levels.

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Sports Venues Take Competing Approaches to Drive Revenue

Old and new venues across L.A. County are adapting to changing entertainment needs to secure new business and capitalize on fan enthusiasm.

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Angel City Football Club Ticket, Merchandise Sales Up Ahead of Team Debut

Angel City Football Club has sold more than 14,000 season tickets for the upcoming National Women’s Soccer League season.

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Skechers Hits Company Record With Revenue Up 24% Over Previous Year

Footwear and apparel manufacturer Skechers USA Inc. reported fourth-quarter sales that beat Wall Street expectations and boosted its shares nearly 10%.

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Resale Platform Arrive Offers Retailers New Source of Revenue

While most retail metrics are focused on two primary sales channels — brick-and-mortar and ecommerce — Santa Monica-based Arrive is helping brands break into a third: circular commerce.

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Virtual Brand Group Demystifies Metaverse

Virtual Brand Group acquires the rights to represent brands in the metaverse and creates for them ongoing opportunities to engage with consumers.

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