Stockdale Capital Partners is in contract with Macerich to buy The Oaks shopping mall in Thousand Oaks for $157 million, according to The Real Deal. Macerich CEO Jack Hsieh told shareholders this month that his company is set to sell The Oaks before the end of the year, but declined to identify the buyer. Citing anonymous sources, Read More →
Montecito-based Olaplex missed analyst expectations in both revenue and net income when it announced its earnings for the third quarter of 2024. Announced Nov. 7, Olaplex noted that sales decreased 3.6% to $119.1 million in the third quarter of 2024.As a result, net income decreased 27.3% to $14.7 million and adjusted net income decreased 13.8% Read More →
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The Ventura County and Santa Barbara County District Attorney’s offices announced May 31 that they have filed a civil case against The Kroger Co. in Santa Barbara County Superior Court alleging violations of California’s false advertising and unfair competition laws. Kroger operates numerous grocery stores in California under names such as Ralph’s, Food 4 Less Read More →
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