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☆ Nordstrom shares jump more than 10% on report retailer is trying to go private
▼ + stars: | 2024-03-19 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

]Shoppers exit the Nordstrom at the Westfield Topanga mall on August 14, 2023. Nordstrom shares jumped more than 10% on Tuesday following a report that the department store chain is attempting to go private. Morgan Stanley declined to comment. A previous effort to take Nordstrom private fizzled out in 2018. Nordstrom said it expects full-year revenue to range from a 2% decline to a 1% increase from 2023.

Persons: Morgan Stanley, Nordstrom, Tuesday's, Nordstrom didn't Organizations: Westfield, Nordstrom, Centerview Partners, Reuters Locations: Westfield Topanga

☆ Southern California neighborhoods that attract the rich and famous are also some of the hardest-hit areas during major storms
▼ + stars: | 2024-02-06 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs an atmospheric river pounds Southern California with a historic deluge of rain, some of the hardest-hit areas also happen to be among the most desirable zip codes. Beverly Hills and the Hollywood Hills of Los Angeles were both under flash flood warnings on Monday. AdvertisementFurther from Los Angeles, other areas that draw the wealthy also tend to be at an increased risk of flooding and landslides when huge quantities of rain hit the state. AdvertisementMontecito's fire chief told the Los Angeles Times that this storm could be more intense than the one that hit in January 2023.

Persons: —, Todd, Keki Mingus, I've, Ellen DeGeneres, Prince Harry, Meghan Markle, DeGeneres, David Neels Organizations: Service, Beverly, Hollywood, Beverly Hills, Business, National Weather Service, NWS, Census Bureau, Santa, Los Angeles Times, Bel Air, Studio, KTLA, Associated Press, Montecito Fire, LA Times Locations: Southern California, Beverly Hills, Los Angeles, Hollywood, Santa Monica, Malibu, Pacific, Bel, Studio City, Sherman Oaks, Encino, Topanga, Woodland Hills, City, Montecito, Santa Barbara

Classes were canceled Monday for schools across Santa Barbara County, which was devastated by mudslides caused by powerful storms in 2018. Evacuation orders and warnings were in effect for mountain and canyon areas of Monterey, Santa Barbara, Ventura and Los Angeles counties. Gavin Newsom declared a state of emergency for Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Santa Barbara and Ventura counties. As of Sunday afternoon, the Los Angeles Unified School District, the nation’s second largest, said it was planning to open schools as usual Monday. ___Associated Press videographer Eugene Garcia in Ventura, Calif., and radio reporter Julie Walker in New York contributed to this report.

Persons: Alexis Herrera, ” Herrera, Ryan Kittell, ”, Lindsay Horvath, ” Horvath, Gavin Newsom, Alberto Carvalho, videographer Eugene Garcia, Julie Walker Organizations: ANGELES, San Francisco Bay Area, Sunday, San Francisco International, Palisades, Central, Gov, Emergency Services, Los Angeles Unified School District, Associated Locations: California, San Francisco Bay, San Jose, Southern California, Santa Barbara, Ventura, Sacramento, San Francisco, Sierra Nevada, Hawaii, Northern California, Monterey, San Luis Obispo County, Los Angeles, LA, Topanga, Soledad, Los Angeles , Orange, Riverside, San Bernardino, San Diego, San Luis Obispo, Ventura counties, Southern, Ventura , Calif, New York

New York CNN —Dick’s Sporting Goods warned Tuesday that retail theft is damaging its business and would lead to lower annual profits. Retail “shrink” is a term that refers to merchandise that goes missing due to theft, fraud, damage, accounting errors or other reasons. The retailer reported a large number of incidents of shoplifting and organized retail crime in its stores nationwide. Need and opportunity become forceful catalysts for driving up incidents of retail crime, experts said. According to the National Retail Federation, the industry’s biggest trade group, large-scale store theft is becoming a bigger part of retail shrink.

Persons: Lauren Hobart, can’t, ”, Read Hayes, criminologist, Gucci, – Organizations: New, New York CNN —, Goods, Walgreens, University of Florida, Prevention Research Council, Walmart, Target, National Retail Federation, eBay, Facebook, Westfield, Westfield Topanga Shopping, Nordstrom, FBI, New York Police Department, New York State, Police Locations: New York, Pittsburgh, Los Angeles, Chicago, Westfield Topanga, Burbank , Glendale, Beverly Hills, Santa Monica, New York City

☆ Raw video captures dozens of thieves swarming Nordstrom department store in Los Angeles
▼ + stars: | 2023-08-14 | by ( Delon Thornton | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRaw video captures dozens of thieves swarming Nordstrom department store in Los AngelesDozens of people swarmed a Nordstrom store at the Westfield Topanga Mall in Los Angeles, stealing tens of thousands of dollars in merchandise and leaving in getaway cars before police arrived.

Persons: Nordstrom Organizations: Westfield Locations: Los Angeles, Westfield Topanga

☆ $1.2 Million Homes in California
▼ + stars: | 2023-08-14 | by ( Angela Serratore | ) www.nytimes.com time to read: +1 min

Calabasas | $1.2 MillionA three-bedroom, two-bathroom ranch house built in 1968, on a 0.1-acre lotThis house, which was recently updated with new stucco, insulation, drywall and HVAC systems, is in Calabasas Highlands, a quiet section of the city just off Mulholland Drive. It is less than a 10-minute drive from Bay Laurel Elementary School and Calabasas High School, well-ranked public schools, and about the same distance from the Commons at Calabasas, an outdoor shopping and dining center. Driving to Topanga Canyon, Thousand Oaks or the beaches in Malibu, on the other side of the Santa Monica Mountains, takes about 20 minutes. Beyond is an open family-and-dining room with a fireplace, a beamed ceiling and a door to the rear deck. The adjacent kitchen has refinished oak cabinetry, quartz counters and a breakfast bar.

Organizations: Bay Laurel Elementary School, Calabasas High School Locations: Calabasas, Calabasas Highlands, Bay Laurel, Topanga, Malibu, Santa Monica

☆ Trying to Process Your Q3? Journal About It.
▼ + stars: | 2023-08-08 | by ( Alyson Krueger | ) www.nytimes.com time to read: +1 min

“I haven’t touched a journal since I was a kid because my mom always read them,” another participant added. It gets you where you need to go.”‘I am not a yoga teacher from Topanga’Ms. Rubin, 50, who lives in Sag Harbor, founded a company named Allswell Creative in 2015 that facilitates workshops around the world to teach people how to journal. She ran a marketing communications agency on both coasts that represented mega-fashion companies and large, bureaucratic foundations. “Because I come from a corporate background I understand the unique environment they are operating in,” she said. “I am not a yoga teacher from Topanga.”

Persons: Ms, Rubin, “ I’m, ”, “ Locations: Topanga, Sag Harbor, journaling, America

☆ The Decline of the Five-Day Commute Is a Boon to Suburban Retail
▼ + stars: | 2023-05-09 | by ( Kate King | ) www.wsj.com time to read: 1 min

As fewer people commute to workplaces, there have been more trips to suburban shopping centers like this one in Topanga, Calif. Photo: Dean Musgrove/Associated PressA growing number of retailers in city office districts are relocating their businesses to the suburbs, where visits to shopping centers are on the rise as fewer people commute to downtown workplaces. With average office usage rates still only around half of where they stood before the pandemic in many major cities, many bars, restaurants and other retailers that cater to the five-day-a-week office crowd have been reeling.

☆ Virginia Norwood, ‘Mother’ of Satellite Imaging Systems, Dies at 96
▼ + stars: | 2023-04-12 | by ( Dylan Loeb Mcclain | ) www.nytimes.com time to read: +1 min

Virginia Norwood, an aerospace pioneer who invented the scanner that has been used to map and study the earth from space for more than 50 years, has died at her home in Topanga, Calif. She was 96. Her death was announced by the United States Geological Survey, whose Landsat satellite program relies on her invention. Her daughter, Naomi Norwood, said that her mother was found dead in her bed on the morning of March 27. Ms. Norwood, a physicist, was the person primarily responsible for designing and championing the scanner that made the program possible. NASA has called her “the mother of Landsat.”

☆ Zara is opening or revamping nearly 30 stores in the US by 2025 — here's where they're located
▼ + stars: | 2023-03-15 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +3 min

Inditex is planning to open at least 10 new Zara stores across the US by 2025. At least a dozen other Zara locations will be revamped or enlarged, the retailer said. "This is a market in which for every $100 of fashion sold, we take less than $0.50 of that," García Maceiras said. Foot traffic is up at Zara stores around the world, and Inditex reported a 23% jump in store sales in 2022 across its portfolio of brands, which includes Zara, Bershka, and Massimo Dutti. Inditex plans to invest 1.6 billion euros, about $1.7 billion, in expanding its stores and warehouses worldwide, including a new Zara store on Paris' Champs Elysées, and at least 10 new locations across the US.

☆ Ben Savage of 'Boy Meets World' launches bid to replace Adam Schiff in Congress
▼ + stars: | 2023-03-07 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Ben Savage speaks onstage at the Boy Meets World 25th Anniversary Reunion panel during New York Comic Con 2018 at Jacob K. Javits Convention Center on October 5, 2018 in New York City. Savage, 42, filed paperwork in January with the Federal Election Commission to run in the 30th Congressional District as a Democrat. The district Savage seeks covers a chunk of LA that includes Hollywood, Burbank and Glendale and is home to major players in the entertainment industry such as Disney Studios and ABC Studios. The biography on Savage's campaign website touches on his experiences in the entertainment industry as a child actor, though it does not specifically mention "Boy Meets World," the show that made him a household name for a generation of Americans. Savage is the younger brother of Fred Savage, who starred in another coming-of-age TV series, "The Wonder Years."

☆ Inside Sergey Brin's Busy Social Schedule: Parties, Festivals, Burning Man
▼ + stars: | 2022-12-15 | by ( Rob Price | Hugh Langley | ) www.businessinsider.com time to read: +4 min

In late August this year, Sergey Brin headed to Burning Man. The 49-year-old tech titan traveled to the festival in style, island-hopping across the Pacific Ocean in a modified seaplane. Brin has been spotted more than once at house parties at NeoGenesis, a coliving space for entrepreneurs in the Bay Area. As for the bigger psychedelic party, when Burning Man reopened in August after its pandemic hiatus, Brin stayed at First Camp, a VIP community frequented by festival organizers and their friends. Rob Price is a correspondent at Insider, writing features and investigations about the technology industry.

☆ The ‘90s Blowout Is Back. Here’s How to Do the Big ’Do Right.
▼ + stars: | 2022-12-14 | by ( Fiorella Valdesolo | ) www.wsj.com time to read: +1 min

Topanga from “Boy Meets World.” Cher from “Clueless.” These are among the retro references name-checked in the blowout hair tutorials blowing up all over TikTok. (At last count, videos tagged #90sblowout had more than 84 million views on the app.) “[Social media] is really driving the trend,” explained Fekkai founder and CEO, Frédéric Fekkai, referencing Matilda Djerf (TikTok follower count: 1.3 million), an influencer whose signature fluffy blowout has become a frequent subject of viral posts. Jessica Gillin, a stylist at New York’s Jenna Perry Hair, sees her clients’ zeal for fluffy manes as just the latest expression of ’90s and Y2K nostalgia. “Big hair is femininity...it’s also power.”

☆ Larry Page, Sergey Brin Post-Google Lives: Investments, Yachts, Islands
▼ + stars: | 2022-12-11 | by ( Hugh Langley | Rob Price | ) www.businessinsider.com time to read: +33 min

Even before their retirement from Google, Page and Brin relied heavily on their respective family offices to bring order to their worlds. The Bay Area headquarters of Koop, Larry Page's family office, is nondescript and gives little indication of the billionaire's empire. Insider; Marianne Ayala/Insider Show less Bayshore Global Management, Sergey Brin's family office, is based in Palo Alto and has a bit more of a public face. Insider; Marianne Ayala/Insider Show lessThe difference in styles holds true for Brin's family office, Bayshore Global Management. The CEO of Page's family office is Wayne Osborne, a former elder in the Presbyterian Church who attended Princeton Theological Seminary.

☆ Trina McGee reveals why she was not in the 'Boy Meets World' finale episode
▼ + stars: | 2022-09-19 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

(CNN) Actress Trina McGee has explained why she was not in the series finale of "Boy Meets World." McGee, who played Angela Moore, Topanga's (Danielle Fishel) best friend in college, for the last three seasons of the ABC sitcom, recently recalled her experience with the end of the series in a conversation for the podcast "Pod Meets World." She continued: "I was told that after I shot what was the show before the last episode, which was called 'Angela's Ashes' when I left. When Michael announced we were going to do another show on Angela, I was so happy not realizing this was going to be the show before the last show." Will Friedle, who played Eric Matthews on the ABC sitcom, denied that the cast had asked to remove McGee from the finale.

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