The El Segundo-based grocer Fresh & Easy will close all of its stores throughout California, Arizona and Nevada, including seven tri-county locations, the company announced Oct. 21. Tesco, the third largest global retailer based in the United Kingdom, opened the small format grocery chain in 2007. It filed for bankruptcy protection in 2013 after the concept Read More →
By Staff Report / Tuesday, October 20th, 2015 / Latest news, Top Stories / Comments Off on Bankruptcy court OKs sale of Haggen stores in Tri-Counties
Haggen will be able to sell all of its stores in California, Arizona and Nevada, including 36 to Smart & Final and Gelson’s Markets, a Delaware bankruptcy court ruled. Smart & Final and Gelson’s got the first pick of the 127 shuttering Haggen stores. Commerce-based grocer Smart & Final signed a deal for 28 Read More →
Shares of Sientra hit a new all-time low on Oct. 16 when the stock fell another six cents on the day and closed at $5.77 per share. For the Goleta-based breast implant manufacturer, it marks another low in a saga that’s starting to turn ugly. Shares of Sientra initially plummeted from $20.58 per share to Read More →
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Freeport-McMoRan is looking to expand its oil and gas production in San Luis Obispo County even though it’s rethinking strategy and may sell or spin off operations. The Arizona-based oil, copper and gold producer wants to add 350 new wells and replace 100 in the Arroyo Grande oil field off Price Canyon Road. It currently Read More →
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