JC Clow, founding partner of The Winery Restaurant & Wine Bars in Tustin and Newport Beach, is looking to raise $20 million for his new restaurant called Cedar & Sage. Last year, he started the Cork & Vines Fund I LP, which describes itself as a “high-end chef-driven wine bar, Read More
Avanti Restaurant Solutions has designed and equipped more than 5,000 restaurants across the U.S. and Canada since its founding in 2003, including Southern California chains Dave’s Hot Chicken and Del Taco. Since expanding its contracting services into hospitality and office spaces a few years ago, Avanti also works with the Read More
The SEC’s investigation into Xponential Fitness Inc. (NYSE: XPOF) ended on July 1 after 18 months with no action taken, according to regulatory filings. Shares jumped 23% to $9.20 apiece during after-hours trading. The Irvine-based franchisor of fitness and wellness studios was first notified of the probe in Read More
Rivian Automotive Inc. (Nasdaq: RIVN) reported a 22% decline in second-quarter deliveries compared to a year ago. The Irvine-based automaker on Wednesday said it produced 5,979 electric vehicles at its manufacturing facility in Normal, Illinois and delivered 10,661 EVs during the second quarter ended June 30. At this time Read More
After almost 20 years on Harbor Boulevard, El Pollo Loco is relocating its headquarters within Costa Mesa. The grilled chicken chain in May signed a new seven-year lease at The MET office campus, less than four miles from its current headquarters at 3535 Harbor Blvd. El Pollo Loco confirmed last Read More
Ducks owners Henry and Susan Samueli had no set strategy when they started to acquire pieces of land surrounding the Honda Center 10 years ago. Their aim was to keep the properties in good taste when visitors attended Anaheim Ducks games, according to OCVibe Chief Executive Bill Foltz. The Samuelis Read More
Stratus Financial LLC this year added a $30 million credit line to fund the growth of its loan origination platform, which provides financing for student pilots seeking commercial flight training. “With this enhanced liquidity, we are well-positioned to expand our offerings and continue providing exceptional service to both students and Read More
In his first 100 days as president of the Disneyland Resort in Anaheim, Thomas Mazloum spent time with employees and guests – coming to appreciate the “remarkable privilege” of leading a “theme park that literally changed the world.” “As we celebrate 70 incredible years in Southern California, we are proud Read More
When Tony Elias-Calles took over a construction company from his former boss back in 1989, there were zero customers at the time. The chief executive wanted the firm, which he renamed Consolidated Contracting, to be “a one-stop shop for all construction related needs,” from construction management to design.“We started from Read More
Yoshiharu Global Co. is undergoing a major reset, replacing top executives – including the company founder – and temporarily shutting down its restaurants as part of a sweeping overhaul aimed at restoring investor confidence. The Buena Park-based ramen chain removed its founder and co-chief executive James Chae and Chief Financial Read More
