Monday, February 2, 2009

Curbed LA: Brentwood's Las Ventanas Didn't Sell A Single Unit

Curbed LA: Brentwood's Las Ventanas Didn't Sell A Single Unit:
"Despite price reductions, not a single unit sold, and now the whole project is off the market"

LA Observed: LAT to cut 70 more in newsroom, 300 overall

LA Observed: LAT to cut 70 more in newsroom, 300 overall:
"Los Angeles Times publisher Eddy Hartenstein and editor Russ Stanton have sent around their memos announcing the latest round of personnel cuts at the paper."

Starbucks: 300 Starbucks Will Close, Brand New Fancy Jet Will Be Sold

Starbucks: 300 Starbucks Will Close, Brand New Fancy Jet Will Be Sold:
"Starbucks is closing an additional 300 stores, says the Seattle Times, and will eliminate 700 non-store and 6,000 store jobs."

Lights Out For Illuminations - LAist: Los Angeles News, Food, Arts & Events

Lights Out For Illuminations - LAist: Los Angeles News, Food, Arts & Events:
"Yankee Candles' Illuminations stores have announced they are shutting down all 28 of their retail locations as part of a large financial restructuring plan."

Macy's: Macy's Fires 7,000 People

Macy's: Macy's Fires 7,000 People:
"Macy's is slaying 7,000 positions from its payrolls. No news about any store closing so far."

Honda cuts managers' pay to cope with slow sales

Honda cuts managers' pay to cope with slow sales - abc7.com:
"Honda Motor Co. says managers' salaries will be slashed 5 percent starting next month to cope with sliding sales. The cut comes on top of the 10 percent pay reduction for directors announced last month."