Business Times to induct Dave Power into Hall of Fame
By Staff Report / Monday, April 7th, 2014 / Tri-County Economy / Comments Off on Business Times to induct Dave Power into Hall of Fame
Auto industry legend J.D. “Dave” Power III, co-founder of J.D. Power & Associates, will become the ninth member of the Pacific Coast Business Times’ regional Business Hall of Fame. Power and the rankings produced by the firm he founded, Westlake Village-based J.D. Power & Associates, have been hugely influential on the auto industry. Power’s pioneering Read More →
Montecito’s Starbucks center sells for $14.5M
By Staff Report / Monday, April 7th, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Montecito’s Starbucks center sells for $14.5M
The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →
Select Staffing to shed debt, relinquish family control in Ch. 11
By Henry Dubroff / Friday, April 4th, 2014 / Banking & Finance, South Coast, Top Stories, Tri-County Economy / Comments Off on Select Staffing to shed debt, relinquish family control in Ch. 11
The reorganization will reduce the ownership stake held by the Sorensen family and ends a years-long search for a solution to the heavy debt load Select Staffing took on at the height of the credit bubble.
Last indie grocer leaves SLO as Whole Foods buys New Frontiers
By Marlize van Romburgh / Friday, April 4th, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Last indie grocer leaves SLO as Whole Foods buys New Frontiers
The sale sets the stage for Whole Foods’ first Central Coast store but also marks the departure of San Luis Obispo’s last independently owned grocery chain.
Cheers to 100 years: Jordano’s kicks off centennial celebration
By Stephen Nellis / Friday, April 4th, 2014 / Features, Restaurants, South Coast, Top Stories, Tri-County Economy / Comments Off on Cheers to 100 years: Jordano’s kicks off centennial celebration
Jordano’s kicked off a year-long run-up to its 100th birthday celebration at its biannual food show.
Coastal Commission sea-level rules could erode property rights
By Stephen Nellis / Friday, April 4th, 2014 / Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Coastal Commission sea-level rules could erode property rights
The seas are rising, threatening billions of dollars of California’s coastal real estate. But the question of whether property owners can armor against the waves or must fall back as their holdings wash away is at the heart of an obscure policy document making its way through the California Coastal Commission. The rules would require Read More →
All fired up: PizzaRev joins with Buffalo Wild Wings on expansion
By Erika Martin / Friday, April 4th, 2014 / Restaurants, Small Business, Top Stories, Tri-County Economy / Comments Off on All fired up: PizzaRev joins with Buffalo Wild Wings on expansion
A large, publicly traded restaurant chain has grabbed a slice of Westlake Village-based PizzaRev in a bid to help the Southern California startup roll out nationwide.