AeroVironment reports drop in revenues
AeroVironment, a Monrovia-based aircraft systems company with operations in Simi Valley, announced a drop in revenues for its third quarter fiscal 2017, ending in a $2.2 million net loss. Revenues for the quarter fell from $67.6 million the prior year to $53.2 million, mainly from its unmanned aircraft division. Gross margin also decreased 27 percent Read More →
CLU students apply business lessons to VFW
Simi Valley’s Veterans of Foreign Wars Post 10049 got some free business consulting Feb. 14 from graduate students at California Lutheran University, who advised rebranding and recruitment efforts to stem membership and financial losses. After struggling to stay afloat and drum up funds to maintain its headquarters and museum facilities, the post reached out to Read More →
Ventura County water agencies flooded with regulations
Recharging West Ventura County’s depleted groundwater supplies is not as simple as collecting the deluge of rainwater flowing through the Santa Clara River. New federal restrictions designed to protect the endangered steelhead trout are making it much harder for agencies like United Water Conservation District to divert the river’s flow for cities and farmers. “This Read More →
Orfalea price cut signals soft Ventura County office market
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Macy’s departure could spur retail rebirth on State Street
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Macy’s closings in Tri-Counties sign of shopping shift
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Macy’s closing stores in Simi Valley, Santa Barbara
Macy’s will close its Paseo Nuevo store in downtown Santa Barbara in early spring and a Simi Valley Town Center location mid-year, Macy’s announced on Jan. 4. The two tri-county locations are among 68 stores that will shutter in 2017 as part of a planned 100-store downsizing. The women’s store, one of two Macy’s Read More →
